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! FacebookTwitterRedditLinkedInTumblrPinterestVkEmail Related Posts BREAKING NEWS: NAR Reaches Agreement to Resolve Nationwide Claims Brought by Home Sellers Gallery BREAKING NEWS: NAR Reaches Agreement to Resolve Nationwide Claims Brought by Home Sellers Use Buyer Broker Agreements Use Buyer Broker Agreements Beat the All-White Kitchen Blahs With More Colorful Options Beat the All-White Kitchen Blahs With More Colorful Options Instant Reaction: Jobs, May 5, 2023 Instant Reaction: Jobs, May 5, 2023 Instant Reaction: Mortgage Rates, May 04, 2023 Instant Reaction: Mortgage Rates, May 04, 2023