Affordability Has Increased for Many Median-Income Buyers

January 8, 2021 Christina Hughes Babb

While house prices are rising in a robust market, low interest rates are making homeownership more affordable than it was 20 years ago, according to the winter edition of "The Housing and Mortgage Market Review (HaMMR)," released Thursday by Arch Mortgage Insurance Company (Arch MI). The review—created by Arch MI's Chief Global Economist Ralf DeFranco, ...

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