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    1. Mortgage rates correspondingly dropped from 15.4 per cent to 7.99 per cent over the same period. With mortgage payments so comprehensively reduced, housing affordability has increased.
    2. One way to gauge the market is affordability _ the level of home prices measured against people's ability to make the down payments and qualify for the mortgages necessary to sustain those prices.
    3. "It provides no long-term affordability" to poor tenants, argues Barry Zigas, president of the National Low-Income Housing Coalition.
    4. Yet too little attention has been given to previously proposed legislation that provides several enlightened remedial measures to narrow the "affordability gap."
    5. "This translates into about $40 more per month on a mortgage of $100,000," he said, adding that the rate increase and tighter mortgage underwriting will exacerbate affordability problems for many first-time homebuyers.
    6. The ad campaign, created by Saatchi & Saatchi's Backer Spielvogel Bates agency, is an extension of the auto company's "Cars That Make Sense" campaign, which emphasized affordability.
    7. His report contends that growth in one and two-person households since 1970 has concealed an increase in housing affordability problems experienced by families with children.
    8. Patients, thus, must be educated that to preserve the availability and affordability of $1 co-pay prescription cards, substitution programs are mandatory.
    9. "Although the lower median home price and rise in family income last month had a favorable impact on affordability conditions, the index would have been stronger if mortgage interest rates had remained unchanged," he added.
    10. This has traditionally been regarded as the crucial factor driving the property market - and houses had become extremely expensive by 1990. But affordability had already returned to a level in line with the historic trend by September.
    11. The state insurance department said it "will continue to closely monitor the municipal liability marketplace in terms of both availability and affordability, and remains ready to intervene if conditions change."
    12. "But it isn't necessarily a housing affordability problem if that person doesn't have a job.
    13. The TSB first-time buyer 'affordability' index is significantly more favourable than it has been since the early 1980s.
    14. Mr Roger Wood, finance director at Wimpey, the housebuilder, said: 'There is still the uncertainty of unemployment and of housing affordability, which both hold down house prices.'
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