Rising home prices and mortgage rates pushed monthly payments up 15% last month, year over year.
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Tagged: Affordability
Redfin: Median Monthly Payments Reach $2,890 In April
Borrowers Forget The True Cost Of Homeownership
Not all costs are fixed for a fixed mortgage — insurance, maintenance, property taxes, and utilities.
Mar 29, 2024
Application Payment Index Points To Declining Home Affordability
MBA releases February PAPI.
Mar 28, 2024
Homebuyer Affordability Improves In December
The MBA's measures of affordability show slight improvement to close out 2023.
Jan 24, 2024
Guaranty Bank & Trust Launches CommunityFirst Mortgage And Development Program
The program is designed to be an affordable housing and neighborhood inclusivity initiative.
Dec 05, 2023
Housing Affordability Hits Three-Decade Low
First American Financial says its Real House Price Index is up 17% year over year.
Sep 25, 2023
Homeownership Affordability Sees Slight Reprieve In July Amid Broader Challenges
While short-term stability persists, Atlanta Fed's index shows a downward trend, raising concerns as housing affordability dips below 2006 levels.
Aug 24, 2023
Affordability Trumps Social Views In Texas And Florida Housing Choices
Redfin survey finds many residents prefer living in states with liberal abortion laws, yet economic factors dominate relocation decisions.
Aug 15, 2023
Aug 10, 2023
May 30, 2023