5 Cities with the Highest Declines in Affordability

November 25, 2020 Cristin Espinosa

Many factors determine the affordability of housing on both a local and national level. Looking at the big picture, increased average income and decreased mortgage rates should equal more affordable housing across the country. However, this isn’t the case according to First American Economic Center (FAEC). Individual consumers have more house-buying power when 30-year mortgage ...

The post 5 Cities with the Highest Declines in Affordability appeared first on theMReport.com.

Previous Article
DS5 Retrospective Part 1: Exclusive Conversations With Mortgage Leaders
DS5 Retrospective Part 1: Exclusive Conversations With Mortgage Leaders

Look back at DS5’s interviews with representatives of First Guaranty Mortgage Corporation, PennyMac, Planet...

Next Article
Telecommuting Could Lead More Black Renters to Homeownership
Telecommuting Could Lead More Black Renters to Homeownership

According to a recent report published by Zillow, the recent rise in remote work, which has resulted from C...