...on housing affordability,” said Doug Duncan, Fannie Mae SVP and Chief Economist. “Unfavorable mortgage rates have been increasingly cited by consumers as a top reason behind the growing perception that...

...levels, as affordability challenges continue to cool the housing market." The month's pipeline data showed overall rate locks down 14.4% month over month, led by a 16.9% decline in rate/term...

From government hearings to ideas presented by industry experts, many these days in the age of affordability concerns, are weighing in on the topic of affordable housing. On Wednesday, August...

...“With borrowing costs setting an affordability ceiling for many buyers, home sales are dropping. In addition, as many homeowners rushed into summer ready to list their property and capture the...

...“clear driver” behind recent inventory increases is a decline in sales activity due to rising rates and the lowest levels of home affordability in nearly 40 years. Seasonally adjusted home...

...home-mortgage rates that have surged this year. Average mortgage rates have nearly doubled from a year ago, reaching almost 6 percent for a 30-year fixed rate loan, making affordability a...

...in June. Homebuyer affordability increased slightly for Hispanic households, with the national PAPI decreasing from 155.2 in May to 154.9 in June. Homebuyer affordability increased slightly for White households, with...

...finding that lenders are cutting costs as originations dry up due to general affordability and interest rate constraints. This quarter's survey was completed by 210 senior lending executives in May...

...“Increased economic uncertainty and prevalent affordability challenges are dissuading households from entering the market, leading to declining purchase activity that is close to lows last seen at the onset of...

...reaching 5.5% many buyers had to call of the search and sit on the sidelines due to affordability. Knowing this, Redfin has released a new report that analyzes which of...