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Search Results for: Affordability

MBA Sees New Mortgage Payments Rise

...Vice President, Housing Economics, and Executive Director, Research Institute for Housing America. “Despite strong employment and wage growth, housing affordability has worsened since the start of the year. Mortgage payments...

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30-Year FRM Reaches Nearly 5.5%

...“Mortgage rates continued to inch downward this week, but are still significantly higher than last year, affecting affordability and purchase demand,” said Sam Khater, Freddie Mac’s Chief Economist. “Heading into...

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Real House Prices Increase Nearly 33% YoY

...power, it was not enough to offset the affordability loss from higher mortgage rates and fast-rising nominal prices. “Reduced affordability prompts some buyers to pull back from the market and...

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