homes are more affordable: Homes are More Affordable in 44 out of 50 States - 06/23/18 08:35 AM
Homes are more affordable - With both home prices and mortgage rates increased this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability prior to the housing boom and bust, we are in much better shape than most believe.
 
In Black Knight’s latest monthly Mortgage Monitor, they revealed that in the vast majority of the country, it is actually more affordable to purchase a home today than it was between 1995 to 2003 when looking at mortgage payments (determined by price and interest rate) … (0 comments)

 
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