Affordability

Inflation Fears Explain A Seeming Housing Market Mystery

Home buyers still active. (Photo by Tim Boyle/Getty Images) Getty Images Housing has become increasingly expensive. According to the National Association of Realtors, mortgage rates on average have risen by more than a full percentage point over the last 12 months. The average price of a home has inched up as well. Taken together and […]

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Homebuyers Face Another Hurdle As Student Debt Payments Resume

Students celebrate by throwing graduation caps in the air. getty The American dream of homeownership has historically been symbolic of financial success. But for millennials burdened by student loan debt, it feels more elusive than ever now as student debt payments resume. While some millennials were able to cross the finish line to homeownership when

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Four Ways To Buy Your First Home, Even As Affordability Worsens

New happy homeowners. getty For many young Americans, the dream of owning a home feels less like a middle-class milestone and more like a prize available only to those with family money or extraordinary incomes. The monthly mortgage payment on a median-priced home has increased 15% in the last year, while incomes have only increased

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