From Our Twitter Feed
Rocky Mountain Real Estate News
;
"We believe mortgage rates have peaked and we are on the downward, but we will not get back to 3% any time soon. We are expecting around 5.5% this time next year." - Dr. Lawrence Yun #NARForecastSummit
The Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional levels based on the most recent price and income data.
Housing Affordability Index
The Housing Affordability Index measures whether or not a typical family earns enough income to qualify for a mort...
ow.ly
Instant Reaction: Mortage Rates, December 8, 2022.
"Mortgage rates will likely drop further this week, remaining below 6.5%. Stay tuned."
Compared to July 2022, the monthly mortgage payment decreased 4.4% while the median family income increased 0.3%, making home buying more affordable.
Housing Affordability Improved in August 2022
Compared to July 2022, the monthly mortgage payment decreased by 4.4% while the median family income increased by ...
ow.ly
