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US: Housing affordability
  • Vitaliy_KiselevVitaliy_Kiselev

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    Compared to the prior month, the monthly mortgage payment increased by 6.1% while the median family income rose modestly by 0.4%.

    Compared to one year ago, affordability declined in February as the monthly mortgage payment increased by 30.4% and median family income rose by 3.6%.

    The effective 30-year fixed mortgage rate was 3.83% this February compared to 2.86% one year ago

    The median existing-home sales price rose 15.5% from one year ago.

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