Low mortgage rates offsetting home affordability issues, NAR says

Feb 12, 2020 |

A three-year low in mortgage rates is making it easier for Americans to afford homes even as property prices increase, according to a report Wednesday from the National Association of Realtors. An index measuring home affordability for first-time buyers rose to 107.3 from 96.3 a year earlier. A reading of 100 means the household median […more]

Posted in: San Francisco

Comments are closed.