Mortgage Rates Drop to 6.33%, Boosting Home Affordability Index
The National Association of Realtors' Housing Affordability Index rose to 110.6 in April 2026, up from 101.4 a year earlier, driven by lower mortgage rates and increased disposable income. However, the improvement is considered fragile due to flat Treasury yields, declining consumer sentiment, rising inflation, and falling savings rates.
Topics: consumer income economic indicators housing affordability index mortgage rates