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Housing affordability worse than 1980s despite lower mortgage rates

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Fox News
October 12, 2026
Mortgage RatesSource: GNews

Mortgage rates were 14% in the 1980s, but home prices were just 3.6 times median household income. Today's 7.4% rates on homes are nearly five times income.

Mortgage rates were 14% in the 1980s, but home prices were just 3.6 times median household income. Today's 7.4% rates on homes are nearly five times income....

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Originally published by Fox News

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