NAWRB

Tag: home affordability

  • Home Prices Up, Mortgage Rates Down

    Home Prices Up, Mortgage Rates Down

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    NAWRB
    in ,

    According to the recently-released National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) home affordability went down in the second quarter of 2017. The rise in home prices counteracted a drop in mortgage rates to continue complicating issues for homebuyers.