Thirty-one of the 100 largest markets posted three-month price declines in August, even as national prices remained above year-earlier levels
Tagged: Housing Affordability
Three years after lowering the upfront fee to reduce borrowing costs, HUD has restored the 1.5% charge as it moves the Native American home loan program toward self-sufficiency
The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country
The institutional-investor cap may grab headlines, but permitting, construction costs, and local building activity will have a much bigger say in how much inventory originators have to finance
Des Moines and Raleigh lead Realtor.com’s metro rankings as housing supply and borrower purchasing power increasingly divide local markets
Homeowners who switched carriers saved $440 a year on average, giving originators another affordability variable to address early
Price declines are spreading, yet mortgage rates and uneven local conditions continue to limit what buyers can afford
Younger teachers, health care workers, first responders, and military households can afford median-priced homes in only a fraction of major metros
Senate voted 87-8 to advance House-amended package, with final votes expected in coming days
Realtor.com report finds states building more homes continue to outperform Northeast and Western markets on affordability