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Tag Archives: mortgage payments

House prices vs. mortgage payments

Housing affordability update: prices vs. mortgage payments; and ramifications for the economy No economic news today (Monday 4/11), and most States didn’t report new COVID cases over the weekend, so let’s take a look at something else; namely, housing affordability, which I’ve been meaning to update for several weeks. The first graph below compares 4 measures of house prices: the FHFA purchase index, the Case Shiller national index, and the...

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