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Today’s housing starts report clearly shows that to build more homes, we will need lower mortgage rates. Without lower rates, housing permits — which are already at COVID-19 recession levels ...
The U.S. is grappling with an affordable housing crisis. Part of the issue is that cities are already overbuilt. Strict laws make it harder to construct affordable homes, leaving more people in ...
President Biden pledged to do more to lower the cost of housing, one of his biggest political vulnerabilities. “We’re going to make sure we reduce the price of housing,” he said at the start ...
Those figures don’t include fees or points, and rates in some parts of the country may be higher or lower than the national average. Earlier coverage: Mortgage rates are still high. The housing ...
While they agree that affordable housing is an issue, they want to know how it’s possible to build more housing if all of the desirable land in the country is already taken. It’s a valid question.
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