...of a Fed rate hike would be on mortgage interest rates and overall affordability. In the month prior to the Fed voting to raise the federal funds target rate, the...
Read More »Search Results for: Affordability
Housing Needs Changing with Aging Population
...address the affordability challenges for homeowners. “Today, however, we only serve one-third of those who qualify for assistance,” said Jennifer Molinsky, Senior Research Associate at the Joint Center and lead...
Read More »How Will Rising Rates Impact Affordability?
...likely have a minimal impact on affordability, according to Zillow Group. An increase in mortgage rates from 4 percent to 4.25 percent would result in a monthly mortgage payment only...
Read More »Ally Bank Introduces Direct-to-Consumer Mortgage System
...and three interactive calculators: affordability, refinance, and loan payment. Users can manage their loan-related documents from any device after applying for a loan. Customers will be guided throughout the application,...
Read More »Advocacy Groups Urge Regulators to Loosen Credit Access
...assess a borrower’s ability to repay a mortgage. Additionally, the GSEs, at the Federal Housing Finance Agency’s (FHFA) direction, have taken steps to support access and affordability, including encouraging broader...
Read More »Top 10 Markets To Watch in 2017
Trulia’s Housing in 2017 report predicts the top 10 markets to watch in the new year based on job growth, home affordability, and online search frequency for housing. Five out...
Read More »What’s on the Horizon for 2017?
...of Realtors since 2008. In this position, Yun oversees and is responsible for a wide range of research activity for the association, including NAR’s Existing Home Sales statistics, Affordability Index,...
Read More »Will ‘Mixed’ Jobs Data Bode Well for Housing?
...for the months ahead is whether the demand created by more jobs and wage growth will be enough to offset the affordability and qualification challenge posed by higher rates. Mortgage...
Read More »Recent Changes May Lessen Homebuyer Demand
...the recent jump in mortgage rates will drive down homebuyer affordability and likely dampen demand for home sales next year. Though we've come far, as indicated in the national statistics,...
Read More »Buyers Working Quickly to Grab What’s Available
...strain on affordability, sales expansion will be contingent on more inventory coming onto the market and continued job gains.” Broken down regionally, the index shows that pending home sales compared...
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