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High Home Values & Rising Mortgage Rates = Lack of Affordability HW+

Sep 08, 2018By

Mortgage Burden Exceeds Historic Levels in 10 of the Largest U.S. Markets Higher home values and rising mortgage rates are eroding housing affordability for homebuyers, especially in hot West Coast markets Monthly mortgage payments for the typical U.S. home require 17.5 percent of the median household income in the second quarter of 2018, below the […]