housing affordability

We aren’t headed for the double-digit mortgage rates of the 1980s, but don’t expect the 3% rates of the pandemic, either.

A new report from the Urban Institute found that one in five working-age renters struggled to pay rent last year. The share of middle-income renters that are facing these challenges grew by the biggest margin.

The average rate on a 30-year fixed just climbed above 7.1% for the first time in more than two years. That's making cheaper, adjustable-rate mortgages more attractive to some buyers.

And it’s already too expensive for many Americans.

They’re cheaper in the short term, riskier in the long run.

Tenant unions are becoming more common across the country as tenants struggle to afford rent.

The least affordable metro areas in the country for working families with kids are Los Angeles and New York City, where the median cost of childcare plus the notoriously high cost of housing devour 95% or more of the median income.

Some advocates believe manufactured housing could be a solution to housing market woes.

The number of people looking to buy a home hit a record low in July. For wealthier buyers, there are deals to be had in many parts of the country.

Companies like Jubilee Homes can offer a more affordable path to homeownership, with some big tradeoffs.