Fannie Mae forecasters are predicting mortgage rates will fall below 6 percent by the end of next year. Economists at the Mortgage Bankers Association don’t…
Posts published in “wage growth”
This week on The Download, Inman contributors and staffers weigh in on the controversy surrounding President Trump’s 50-year mortgage idea. Source: Inman News
The Brooke Amendment — a law otherwise known as “the 30 percent rule” that has shaped U.S. housing policy since the 1960s — is in…
Despite market headwinds, housing affordability improved for the second consecutive month, according to the National Association of Realtors’ August Housing Affordability Index. Affordability improved on…
Median prices of single-family homes and condos are now less affordable than historical averages in 63 percent of counties, up from 54 percent one year…
According to the National Low Income Housing Coalition, minimum wage workers need to make $23.96 per hour to comfortably afford a two-bedroom rental. Source: Inman…
In the second quarter of 2020, median prices of single-family homes and condos have been more affordable than historic averages in nearly half of the…
Stagnant wage growth and booming costs of living are stressing homeowners, according to a new HomeTap study released Tuesday. Source: Inman News