The last time houses were this unaffordable was 2006
Housing Wire
MAY 2, 2022
in February, which was the first month to see price growth greater than 20%, according to Black Knight ’s monthly mortgage monitor report. Since the start of 2022, rates have gone up 200 basis points and housing prices have surged 5.9%. How lenders can continue to serve borrowers despite housing affordability challenges.
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