housing affordability gap

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Here’s the real impact of the post-Trump interest rate spike

Dec 05, 2016By

While still low by historic standards, interest rates are roughly 50-basis points higher now than they were before Donald Trump won the election, and a new report from Black Knight Financial Services shows the real impact of that increase on borrowers and potential borrowers. The bottom line, according to Black Knight’s report, is that housing is less affordable right now than it was before the election.

3d rendering of a row of luxury townhouses along a street

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