business

Home prices are getting slightly more affordable, but down payments are still holding buyers back - CNBC

Housing is getting more affordable thanks to lower prices and lower mortgage rates, but it still takes more time to save for a down payment than pre-pandemic.

By:Diana Olick
Source:CNBC
Published:
Home prices are getting slightly more affordable, but down payments are still holding buyers back - CNBC
Mortgage rates are lower, home prices are easing and there is more supply on the market for sale. All of that adds up to improved affordability for today's homebuyers. Saving for a down payment, howe… [+2973 chars]

Related News