Tag Archives: affordable homeownership

An anticipated rise in inventory and decline in mortgage rates are expected to ease affordability concerns for many as we enter 2024.

"The good news is that home affordability has stopped getting tougher around the U.S., at least for the moment. The bad news is that owning a home remains more of a financial stretch than it's been for many years," said Rob Barber, CEO for ATTOM Data.

A lack of affordable homes has created millions of “missing households” which are keeping families in shared homes or the rental market.

“We are thrilled to have Christina join our team and share her deep knowledge of the mortgage industry, the housing finance system, and the regulatory process to support our members as they enable access to affordable homeownership, while strengthening the safety and soundness of the housing finance system,” said Seth Appleton, President of USMI.

New research from HUD reveals the policy implications regarding small-dollar mortgages, which comprised less than 3.5% of overall home purchase originations in 2020.