Author Archive

January 2019 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates were up from last month at 4.76 percent this January, and up 11.5 percent compared to 4.27 percent a year...

The Impact of Financial Literacy on Homeownership: Enhancing Financial Literacy Skills

Financial literacy is the “ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.”[1]  Yet despite its importance, financial literacy can often seem like the elephant in the room of many households....

The Impact of Financial Literacy on Homeownership: Student Loan Impact

Financial literacy is the “ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.”[1]  Yet despite its importance, financial literacy can often seem like the elephant in the room of many households....

The Impact of Financial Literacy on Homeownership: Financial Literacy Indicators

Financial literacy is the “ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.”[1]  Yet despite its importance, financial literacy can often seem like the elephant in the room of many households....

January 2019 Pending Home Sales

NAR released a summary of pending home sales data showing that January’s pending home sales pace was up 4.6 percent last month but fell 2.3 percent from a year ago. Pending sales represent homes that have a signed contract...