housing affordability index Archive

September 2016 Housing Affordability Index

At the national level, housing affordability is up from a year ago for the third consecutive month. Mortgage rates ticked up and stood at 3.78 this September and increases are expected to continue. Housing affordability increased from a year...

August 2016 Housing Affordability Index

At the national level, housing affordability is up from a year ago for the second consecutive month. Mortgage rates are down again and stood at 3.74 this August though increases are on the horizon. Housing affordability increased from a...

July 2016 Housing Affordability Index

At the national level, housing affordability is up from a year ago for the first time since February of 2015 when it improved 2.0 percent. Mortgage rates are 3.77 this July, which is the lowest rate since June 2013...

June 2016 Housing Affordability Index

At the national level, housing affordability is down from a year ago as home price growth distresses affordability. Inventory levels are low and are putting pressure on home prices despite another month of declining mortgage rates. Housing affordability declined...

May 2016 Housing Affordability Index

At the national level, housing affordability is down from a year ago as higher home prices cause a slip in affordability. Median family incomes are not rising at the pace of home prices however, historically lower rates provide opportunities...