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20 June . 2019

Home Affordability: It's Not Just About Mortgage Interest Rates

Lower interest rates surely get the fence sitters to make a decision about buying a new home, but as Robert Dietz, Ph.D., chief economist and senior vice president for Economics and Housing Policy for NAHB writes for Builder Magazine, other factors also weigh on potential home shoppers before they turn into home buyers. Dietz reviewed the data citing that home sales pricing and household income play as an important role as mortgage interest rates. 

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