Ben Graboske

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Last quote by Ben Graboske

Nationally, homes remain more affordable than pre-bubble 'norms,' but it's clear that the market is now experiencing the most pressure – from an affordability perspective – since the housing recovery began.feedback
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Feb 07 2017
That's why we always use a 30-year fixed rate for comparison. It lets you know if something in the mortgage market itself (other than rates) is causing a change in the affordability equilibrium. Mortgage lending led to affordability getting out of whack back in 2006 due to mortgage programs increasing buying power and thus driving up home price when in reality, without those products, the affordability ratio (between home prices, incomes and interest rates) were nowhere near sustainable.” said Ben Graboske on this article: Houses are the least affordable they've been in seven years: Here's why. This page contains 6 articles quoting Ben Graboske. Main topics on which Ben Graboske is quoted are June and March. In addition you’ll find 8 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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