জিলো: আবাসন বাজারের সাশ্রয়ী মূল্যের পুনরুদ্ধার করতে বন্ধকী হারে একটি ‘অবাস্তব’ হ্রাস লাগবে
A recent Zillow analysis suggests that mortgage rates would need to drop to 4.43% – more than a percentage point lower – for a median-income homebuyer in the U.S. to comfortably afford a median-priced U.S. home. This assumes a 20% down payment, which many first-time buyers are unable to afford. Even more surprisingly, in many high-cost coastal cities, a 0% mortgage rate still wouldn’t make the median-priced home affordable for a household earning the median local income. This includes cities like New York, Los Angeles, Miami, San Francisco, San Diego, and San Jose, where taxes, insurance, and maintenance on a typical median-priced home can often consume well over 10% of a median household’s income. On the flip side, Zillow found that mortgage rates are already low enough for median-income buyers in midwestern markets to comfortably afford median-priced homes in those regions. Keep in mind that this is back-of-the-envelope math. The above mortgage rate scenarios assume all else is equal – and that lower rates don’t influence home prices. Will we see 30-year fixed mortgage interest rates at 4.43% anytime soon? Zillow economists say the scenario is “unrealistic” – at least in the short term. “Mortgage interest rates would need to fall to 4.43% for a typical home to be considered affordable for a median-income buyer, assuming a 20% down payment, incomes (in the U.S.), home prices remain the same, and all other housing-related expenses,” wrote Zillow economist Anushna Prakash. “This type of rate decline is unrealistic right now.” She added: “If buyers are waiting for a significant decrease in mortgage rates or housing prices (in the U.S.), they are in for a rude awakening. Like housing price declines, this type of correction in housing prices would not occur without a severe slowdown in economic and income growth and an increase in unemployment rates.” (TAGSTOTRANSLATE) Housing Market News
প্রকাশিত: 2025-10-15 21:00:00
উৎস: www.fastcompany.com
