A study by the National Association of Home Builders and Wells Fargo shows that housing affordability is at a 3-year high. Grab your homeowner opportunity today!
Thanks to lower mortgage rates, housing is more affordable than it’s been in 3 years "As the latest data from Freddie Mac shows, mortgage rates now sit at 3.69%, more than a full percentage point below where they were at this time last year, when the market rate was near 5% (4.94%, to be exact). Rates stayed at the same level through the second week of November 2018, but that was as high as they climbed, as rates then began dropping and continued dropping throughout much of this year. And that full-percentage-point-drop has been very good for homebuyers, as the National Association of Home Builders/Wells Fargo Housing Opportunity Index shows that housing affordability climbed in the third quarter to the highest level since 2016."




