Housing Affordability Conditions Decrease in October 2022 as Mortgage Rates Touch 7% Mortgage Rates Touch 7%; Housing Affordability Weakens Compared to the prior month, the monthly mortgage payment increased by 7.3% while the median family income increased by 0.9%. By: Michael Hyman Powered by WPeMatico Michael Crist2022-12-17T03:01:37-05:00December 17th, 2022|NAR| Share This Story, Choose Your Platform! FacebookXRedditLinkedInTumblrPinterestVkEmail Related Posts HMDA and Housing Demand HMDA and Housing Demand Instant Reaction: Mortgage Rates, September 5, 2024 Instant Reaction: Mortgage Rates, September 5, 2024 Instant Reaction: Jobs, September 6, 2024 Instant Reaction: Jobs, September 6, 2024 2 ‘Moody’ Home Design Trends Generating Buzz 2 ‘Moody’ Home Design Trends Generating Buzz Instant Reaction: Mortgage Rates, August 29, 2024 Instant Reaction: Mortgage Rates, August 29, 2024