Monday, January 30, 2017

First American: Rising interest rates finally takes toll on home affordability

Affordability took a hit in November, according to First American, which tracks what it calls “real house prices.” But while real home prices saw an uptick for the month, reversing a six-month trend, First American’s chief economist explains home prices are still at their most affordable point in nearly two decades. http://www.housingwire.com/articles/39067-first-american-rising-interest-rates-finally-takes-toll-on-home-affordability ❤️ #share #mortgage



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