03-12-2025 22:58 via foxbusiness.com

Housing affordability to improve for the first time since 2020, Realtor.com says

For the first time in years, prospective homebuyers may finally catch a break in 2026. Easing mortgage rates and slower home-price growth are expected to nudge affordability in a slightly better direction.Realtor.com’s latest forecast projects that the monthly payment on a median-priced home will edge down by 1.3% next year, marking the first annual decline since 2020.Jake Krimmel, senior economist at Realtor.com, told FOX Business that a few key changes are helping move the needle.THE TOP
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