| Tipoffs for Dayton, Ohio (Federal Agencies) Newsletter for Saturday June 05, 2021 ( 1 items ) |
|
Federal Reserve Bank of Atlanta: Soaring Home Prices Choke Affordability
ATLANTA, Georgia, June 4 -- The Federal Reserve Bank of Atlanta issued the following community and economic development article by Domonic Purviance, supervision for regulation, and credit division:
* * *
Continued robust home price appreciation, the economic challenges of the lockdown, and increases in mortgage rates have eroded home affordability nationally. Heading into 2020, affordability was increasing--even in the face of rising home prices--as buyers benefitted from historically low int
more
|
Sign up to Receive this newsletter every day via email.
