Sentences with phrase «homebuyer affordability high»

Regardless, mortgage rates still remain near the historic lows helping to keep homebuyer affordability high, and providing a strong incentive for those looking to refinance.

Freddie Mac recently released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing fixed mortgage rates easing slightly and remaining near record lows to keep homebuyer affordability high and attractive to those looking to refinance.

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing fixed mortgage rates at or near their all - time record lows, helping to keep homebuyer affordability high.

Freddie Mac recently released the results of its Primary Mortgage Market Survey ®, showing mortgage rates easing to new all - time record lows for all products covered in the survey helping to keep homebuyer affordability high.

Not exact matches

There is no doubt in homebuyers» minds that interest rates will continue higher (76 %) but 53 % said they are not stress - testing their mortgages to ensure long - term affordability; although those in Ontario and BC are more likely to do so (53 % and 51 % respectively).

CoreLogic's chief economist, Frank Nothaft, said, «Growing numbers of first - time homebuyers find limited for - sale inventory for lower - priced homes, leading to both higher rates of price growth for starter homes and further erosion of affordability.»

«The substantially longer term of the fixed - rate mortgage enabled a lower monthly payment, in turn facilitating lower payments - to - income ratios and hence higher levels of housing affordability among moderate - income homebuyers,» Gabriel concluded.

Despite rising mortgage rates during the past month, which have affected refinance originations, affordability conditions remain high and should not present a significant obstacle to potential homebuyers.

First - time homebuyers are primarily concerned with affordability when choosing a new home, but their expectations may be too high relative to their current financial...