Housing affordability is getting tougher. Here's why and how.

  • October 17, 2024

The average rate on a 30-year fixed mortgage rose for the third week in a row to 6.44% . As housing affordability remains a key issue for Americans, Market Domination Host Julie Hyman analyzes a Bloomberg Economics chart showing the percentage of monthly income homebuyers are putting toward mortgage payments.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here .

This post was written by Melanie Riehl

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