Analysis and Data
A homebuyer on a $2,500 monthly budget can once again afford a $400,000 home.
Freddie Mac reports 30-year, fixed-rate mortgage falls to 6.09%.
Nearly half of mortgaged homes remain equity-rich, while level of seriously underwater mortgages remains unchanged.
In January, inventories rose and price-growth leveled off as mortgage rates continued to decline.
Economist says U.S. has never had home prices decline when there has not been a recession.
The steps that will be taken to prevent too much inflation from breaking out
After rising for 3 weeks in a row, the MBA's Market Composite Index fell 9% on a seasonally adjusted basis.
Case-Shiller Index posts smaller gain; First American RHPI still shows affordability decline.
Finding solutions in soft pull credit reports
Redfin report also shows year-over-year improvement.