Episode

Housing Affordability Remains Out of Reach

Podcast
Raleigh News Today | 2 Min News | The Daily News Now!
Published
Jun 20, 2026
Duration seconds
95
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Summary

Fed rates are staying high, making home buying tougher — with mortgage costs eating up nearly 30% of income. To get back to historical affordability, rates would need to plunge below 5%, but experts say that’s not happening this year. Even a big drop in home prices or a major income boost wouldn’t fix it fast enough — the dream of an affordable home remains out of reach for now. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/c2247a6961eef932