Finance Column » Your Money This Week » Why are houses less affordable?

Why are houses less affordable?

By Holden Lewis · Bankrate.com
Monday, August 19, 2013
Posted 6 am ET

With billions and billions of dollars being poured into the financial system every month, should you be surprised that fewer people are able to afford to buy houses?

On one hand, you might think that the Fed's quantitative easing should have kept mortgage rates down, as intended. On the other hand, that money has to go somewhere -- so why wouldn't it contribute to a rise in house prices?

In this week's podcast, Bankrate's Washington bureau chief, Mark Hamrick, talks about this conundrum with:

  • Walter Molony, spokesman for the National Association of Realtors.
  • David Smick, global strategist for Johnson Smick International.

Bankrate Audio

Mark

Hamrick

Washington Bureau Chief, Bankrate.com

Walter

Molony

Spokesman, National Association of Realtors

David

Smick

Johnson Smick International

Is the end of the Fed's easing already hurting housing?

A look at the Federal Reserve after the Bernanke era. How and where are rising interest rates affecting the housing market?

LISTEN TO AUDIO

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