The State of Affordability
Rising home prices coupled with a lack of entry-level housing inventory, are putting an even larger dent in affordability for many homebuyers despite mortgage rates nearing their all-time lows. Demographic and cultural shifts, population migrations from rural to urban, first-time homebuyers with credit thin files, and a lack of understanding about how to navigate the complex homebuying and mortgage process pose additional barriers to many borrowers achieving the American dream.
Watch this one hour on-demand panel event hosted by Danny Gardner, Senior Vice President, Freddie Mac Single-Family Affordable Lending and Access to Credit, along with housing experts from the affordable housing ecosystem where they provide perspectives on how to address this growing crisis in our country.
This live cast panel event offered a valuable discussion around:
- Benchmarking the current state of affordability.
- Identifying significant data and trends impacting the future.
- Outlining key challenges and opportunity areas to prompt impactful change.
Panelists
- Michael Calhoun, President, Center for Responsible Lending
- Julia Gordon, President, National Community Stabilization Trust
- Leonard Kiefer, Ph.D., Deputy Chief Economist, Freddie Mac
Through our affordable homeownership initiatives, Freddie Mac is building the future of home through insights, education, mortgage products and business solutions because we believe that issues can only be solved through contributions and perspectives from all parties within the housing ecosystem.
Click below to view this on-demand live panel event.