Affordability

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Hope of Lower Mortgage Rates Prompts Consumer Optimism

A survey-high 31% of consumers expect mortgage rates to go down, according to the... More

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Home Buyer Affordability Improves Amid the Recent Drops in Mortgage Rates

The Mortgage Bankers Association’s Purchase Applications Payment Index declined to... More

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NAR Forecasts Improved Housing Market Conditions for 2024

Chief economist Lawrence Yun foresees 1.48 million housing starts in 2024,... More

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Home Buyers Lose Bedrooms Worth of Space in 2023 Due to Rising Mortgage Rates

Buyers in several Midwest cities lost more than $30,000 in buying power in 2023,... More

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Housing Market to Improve in 2024, but Affordability and Weak Economy Will Impact Demand

Higher-for-longer interest rates, an increase in the unemployment rate, and lower... More

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Mortgage Rates Continue to Fall Toward 7%

The average 30-year fixed-rate mortgage has declined nearly 80 basis points in six... More

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What Market Conditions Should Home Builders Expect Going Into 2024?

The new-home building sector has been buoyed by a lack of resale inventory and an... More

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Report: 2023 Least Affordable Year for Housing on Record

An increase in listings, stabilizing home prices, and lower mortgage rates should... More

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Consumer Sentiment Remains in Low-Level Plateau in November

The share of respondents who say it is a good time to buy a home reached a... More

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Realtor.com Forecasts Its Top Housing Markets for 2024

Toledo, Ohio; Oxnard, California; and Rochester, New York, take the top spots in... More

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