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Arch MI's Spring HaMMR Predicts "Slow Return to Long-Term Average Levels of Affordability" in 2021


Press release content from Business Wire. The AP news staff was not involved in its creation.
Arch MI’s Spring HaMMR Predicts “Slow Return to Long-Term Average Levels of Affordability” in 2021
April 8, 2021 GMT
GREENSBORO, N.C. (BUSINESS WIRE) Apr 8, 2021
While 2020’s final housing figures confirm it was a year of high demand and record-low inventory, 2021 is likely to mark a return to more normal levels of home-price growth, according to the Spring edition of
The Housing and Mortgage Market Review (HaMMR), released today by Arch Mortgage Insurance Company (Arch MI), a leading provider of mortgage insurance.
Rates are expected to continue to rise, while the unprecedented demand for housing driven by COVID-19 will probably decline over the year. ....

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