Home affordability is the best in 4 years, with median earners spending 27.4% of their incomes on median priced homes. This is down from 35.3% a year ago.
Housing
The Basis Point Live Blog from Optimal Blue Summit 2026 covers the current state of mortgage markets and fintech. Optimal Blue powers rate pricing for 35% of the mortgage industry's 2026 projected fundings of $2.2 trillion.
With mortgage rates below 6% and median home prices $397k to $414k, you can buy a home with 5% down if you make $110k to $114k.
Homeowners who are selling cut prices on 27.4% of listings in July, and 37% of homebuilders cut prices by 5% in August.
MBA Secondary 2025 LIVE BLOG – State of Mortgage Markets, Rates, Regs, Lenders from top banks, lenders, regulators.
Tariffs increase builder costs by $9200 per home. At today's newly-built home price of $414,500 with 5% down, a household must make $119k/yr to qualify.
Combined Rocket & Mr. Cooper will originate $123.3 billion and service $2.1 trillion in mortgage loans for 10 million consumers
Homebuilder tariffs would make U.S. home affordability even worse. Buyers of newly built homes already need to make $131,000 per year to qualify.
MBA Annual 2024 Conference live blog on all things mortgage originations, servicing, affordability, rates, regs, tech, and lender health after 2+ tough years in housing.
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