Increasingly Debt-Strapped Consumers Concerned About Rising Housing-Related Costs
July 24, 2024
July 24, 2024
WASHINGTON, July 24 -- Fannie Mae issued the following commentary:
By Rachel Zimmerman, Market Research Advisor, National Housing Survey Lead; and Lauren Hoffman, Lead Associate, Single-Family Strategy
When analyzing housing affordability, economists and industry observers closely track changes in top-line measures like home prices, rents, and mortgage rates. However, there are many other housing-related costs that, individually and in aggregate, meaningfully impact aff . . .
By Rachel Zimmerman, Market Research Advisor, National Housing Survey Lead; and Lauren Hoffman, Lead Associate, Single-Family Strategy
When analyzing housing affordability, economists and industry observers closely track changes in top-line measures like home prices, rents, and mortgage rates. However, there are many other housing-related costs that, individually and in aggregate, meaningfully impact aff . . .