...ranges, more people would become successful buyers,"" Yun said. ""In an environment of historically favorable housing affordability conditions, it's frustrating to see some consumers thwarted in the process."" The PHSI...
Read More »Search Results for: Affordability
Fannie: Economy Slows, Modest Growth Still Expected
...percent year-over-year, with sales being bolstered by increased affordability and record low interest rates. However, it should be noted that the current ""high"" numbers are only an increase compared to...
Read More »Monthly Gains Just a Silver Lining for Home Prices: RadarLogic
...Instead, he agrees with a recent article by Andrew Davidson and Alex Levin titled ""Measuring Housing Affordability and Home Price equililbrium; Revisiting the Housing Bubble & Bust and HPI Modeling,""...
Read More »Don’t Believe All the Downturn Hype: Capital Economics
...are still reasons to make the argument that the recovery is not going to be derailed. Home sales and prices have increased, and mortgage affordability continues to be at an...
Read More »Home Prices Tick Up Modestly in First Quarter: FHFA
...quarter, most notably in March,"" FHFA Principal Economist Andrew Leventis said in a statement. ""Increased affordability and a somewhat smaller inventory of homes for sale are positively impacting house prices,""...
Read More »Refinance Applications Spike as Investors Leave Europe: MBA
...but helps keep the housing market near all-time highs for affordability. The ""National Association of Home Builders"":http://www.nahb.org/default.aspx found last week that 77.5 percent of all new and existing homes were...
Read More »Capital Economics Sees Improvement Ahead for Housing
...Realtors calculating ""affordability"":http://www.realtor.org/topics/housing-affordability-index/data at 206.6 in April. An affordability index score of 100 means a median-income family has exactly enough to purchase a median-priced home with a 20 percent down...
Read More »Affordability, Inventory Improve, Still Shy of Full Recovery
...A market with a 6-month supply is considered ""balanced."" As has been the trend of late, mortgage rates continue to post record lows while housing affordability conversely rises. The latest...
Read More »NAMB Joins Coalition Submitting CFPB Petition on QM Rule
...protections while promoting mortgage liquidly and affordability to the consumer seeking mortgage financing,"" said Donald J. Frommeyer, president of NAMB. ""We need to be careful when defining a borrower's 'ability-to-repay.'""...
Read More »Higher Mortgage Rates Unlikely to Drown Housing: Group
...recovery that appears to be underway is probably strong enough to withstand a moderate rise in mortgage rates. ""Either way, mortgage affordability will still remain very favourable [sic],"" Diggle wrote....
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