Lower Mortgage Rates Push Housing Affordability to Highest Level in Three Years

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With mortgage rates at a three-year low and a healthy job market, housing affordability rose to its highest level in three years in the third quarter of 2019, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). In all, 63.6 percent of new and existing homes sold between the beginning of July and end of… Read More ›

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