Market Perspective

Are low rates the lucky break first-time buyers need? [INFOGRAPHIC]

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Low rates offset rising home prices, boost affordability.?

Sources:

[1] National Association of Realtors® (NAR), Housing Affordability Index, Q4 2019. [2] Redfin, February 2020. [3] Realtor.com®, January 2020 Monthly Housing Market Trends Report. [4] U.S. Census Bureau, HUD, Monthly New Residential Construction, January 2020. [5] U.S. Census Bureau, HUD, Monthly New Residential Sales, January 2020. [6] Mortgage Bankers Association (MBA) Builder Applications Survey, January 2020.

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