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The incomes of working families simply have not kept pace with rising housing prices. And this is despite low interest rates and new mortgage products designed to make homes more affordable.
Jeffrey Lubell
Interest
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These findings suggest that there is much more that needs to be done to bring the American dream within reach of working families with children, especially minority working families with children.
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They like something, they buy it.
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It's very expensive to do that.
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The pig is already out of the barn as far as the effects of the yield curve on net interest margins. Margins will probably get modestly worse, but it won't be dramatic because the real negative impact has been absorbed.
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