Instant Reaction, Mortgage Rates, June 17, 2021 CommercialBy fredjayetJuly 1, 2021 Instant Reaction, Mortgage Rates, June 17, 2021 Mortgage rates dropped further this week, from 2.96% to 2.93%, although the Fed revised upward their forecast about inflation. By: Nadia Evangelou Mortgage Financing
Housing Affordability Declines as Prices Continue to Rise and Incomes Fall CommercialBy fredjayetJuly 1, 2021 Housing Affordability Down as Prices Rise, Incomes Fall Affordability declined in April compared to March as the median family incomes declined by 1.0% while the monthly mortgage payment increased 16.1%. By: Michael Hyman