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Why this article matters: The Buyer Purchasing Power Index (or BPPI) measures the change in the amount of mortgage money available to a typical homebuyer, varying due to mortgage interest rate swings.Buyer Purchasing Power normalizes, not so fo...
Why this matters: Borrowing power and home prices affect the financial readiness of homebuyers dependent on mortgage funds. After 2012 and until 2025, the financial circumstances for homebuyers worsened annually on all three critical acquisitio...