2020

Instant Reaction: Mortgage Rates, November 19, 2020

Mortgage rates hit another record low this week for the thirteenth time this year. www.nar.realtor – Research

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Housing Affordability Declines in September 2020 as Median Family Prices Continue to Surge

At the national level, housing affordability declined in September 2020 compared to a year ago but rose compared to August. www.nar.realtor – Research

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First-time Buyer Share Declines to 31% in September 2020 But Still Hits 2 Million

Amid more intense buyer competition, rising prices, and higher credit qualifications, the share of first-time buyers continued to decline to 31% in September. www.nar.realtor – Research

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Housing Affordability Weakens in August 2020 as Home Prices Rose Faster than Median Family Incomes

At the national level, housing affordability declined in August 2020 compared to a year ago and fell compared to July. www.nar.realtor – Research

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Housing Affordability Drops Modestly in July 2020 as Median Family Prices Reach All Time High

At the national level, housing affordability showed signs of improvement in July 2020 compared to a year ago but dipped compared to June. www.nar.realtor – Research

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