Estudios Técnicos Inc.’s index shows steep drop as new home prices climb and interest rates stay high. #NewsismyBusiness
Estudios Técnicos said the mortgage rate drop has only “slightly diminished” the affordability problem in the market. #NewsismyBusiness
The affordability problem worsened in the first quarter, which is attributed to the increase in the price of housing and high mortgage interest rates. #NewsismyBusiness
The nonprofit wants candidates to take a stand on the proposal and clearly define how they plan to address the housing issue. #NewsismyBusiness
Inflation, a decrease in income and an increase in mortgage rates have set the stage a the 60% drop in buying power.
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