Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking.
With mortgage rates down to all-time lows, you can buy a lot more home for your money these days. Home affordability is at an all-time high.
Today’s mortgage rates are a bargain as compared to just 1 year ago.
For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.
Never before in recorded history have so many homes been affordable to households earning a moderate annual income.
Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don’t know in which direction they’ll move.
After a brief run-up two weeks ago, mortgage rates are back below 4 percent.
The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.
Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices.
If you have plans to buy a home in 2012, the best time to buy may be now. Today’s mortgage rates are low and so are the home prices — a combination that’s unlikely to last.