Housing Affordability Index (Fixed) (FIXHAI)
Last 5 Observations
Monthly, Not Seasonally Adjusted, Updated: 2013-05-09 9:46 AM CDT
|| National Association of Realtors
|| Monthly Housing Affordability Index
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Measures the degree to which a typical family can afford the monthly mortgage payments on a typical home.
Value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20 percent down payment. This index is calculated for fixed mortgages.