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Rising mortgage rates push affordability to historic lows

Floor Covering News

Rising mortgage rates, elevated construction costs and limited existing inventory helped push housing affordability in the third quarter of 2023 to its lowest level in more than a decade, according to the National Association of Home Builders (NAHB). Washington, D.C.—Rising median income of $96,300.

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Mortgage rates not deterring some buyers

Floor Covering News

Despite mortgage rates topping 7%, Americans persist in their desire to buy a home. homeownership rate at 66% in the third quarter of 2023, amid persistently tight housing supply and elevated mortgage interest rates. The post Mortgage rates not deterring some buyers appeared first on Floor Covering News. Washington, D.C.—Despite

Survey 52
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Daltile contributes to R.I.S.E Foundation home

Floor Covering News

These 100% mortgage-free homes ease the daily challenges faced by the wounded heroes and their families. (Restoring Independence Supporting Empowerment) program , the Gary Sinise Foundation constructs one-of-a-kind specially adapted smart homes for our nation’s most severely wounded heroes. The post Daltile contributes to R.I.S.E

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Mortgage Rate Today Slightly Over 3% 15YR Note

How to Floor Tile

Remember a short time ago when the government bailed out the big mortgage houses and investment parking lots? But this story get''s even better because you still apply the strategy of reducing your 30 year mortgage in half by making two payments a month or a principal payment.

Strategy 100
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Galleher partners with Building Homes for Heroes

Floor Covering News

is partnering with Building Homes for Heroes, a national non-profit organization that strives to build or renovate quality homes and gift the homes to severely injured veterans nationwide, mortgage free. .— Galleher, the third largest flooring distributor in the U.S.,

Florida 98
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Architects’ Latest Survey Shows Mixed Home And Neighborhood Wellness Trends

JG Kitchens

Mortgage rates, home prices and more expensive building materials likely all played key roles. I have a theory. I think the dip in certain wellness trends in the latest American Institute of Architects’ Home Design Survey were caused by high costs. Check out 4Q23 trends and insights in my latest Forbes.com article here.

Survey 147
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NSI completes its 44th R.I.S.E. home

Floor Covering News

program builds 100% mortgage-free, specially adapted smart homes for severely wounded veterans and first responders. Oberlin, Ohio—The Natural Stone Institute (NSI) provided natural stone and fabrication services for its 44th home with the Gary Sinise Foundation through its R.I.S.E. Restoring Independence Supporting Empowerment) program.