In This Article:
While US mortgage rates eased to an 18-month low this week, is the American Dream of owning a home still an affordable one for most prospective buyers?
Yahoo Finance anchor Julie Hyman reviews data from the Federal Reserve Bank of America which found home ownership affordability sentiments to have fallen to an 18-year low, equal to levels last seen in 2006.
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This post was written by Luke Carberry Mogan.