National Housing Affordability Hits Two-Decade Low as Mortgage Rates Stay Elevated
National housing affordability reached its worst level in 20 years as mortgage rates stayed above 6.5% and home prices held steady despite cooling demand.
National real estate news with housing market analysis, policy updates, and broad market trends.
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National housing affordability reached its worst level in 20 years as mortgage rates stayed above 6.5% and home prices held steady despite cooling demand.
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If 23% of California’s 13.8 million households are paying HOA fees, about 3.3 million households could face increases if AB 2050 becomes law
The average rate on 30-year fixed mortgages reached 7.03% for the week ending Sept. 24, up 8 basis points from last week.