the us has never had more affordable homebuying than now: The US has never had more affordable homebuying than now - 10/29/11 05:57 AM
A home buyer purchasing a typical American home at the prevailing average mortgage rate  today would have a mortgage payment of  $698 a month. This figure is not much different from what a home buyer would have faced 30 years ago. In 1981, home prices were much lower but mortgage rates were reaching 18 percent. Today, home prices have come down by about 33 percent on average from the bubble years, but prices still remain comfortably higher than those of the 1980s. However, thanks to record low mortgage rates, the monthly payment obligations have been greatly reduced.At the other end, one sees the slowest … (5 comments)

 
Suzi Boyle,Manager 37810/1251, Awarded"Nation's Top 200"--10 times (Castle & Cooke Mortgage, LLC, NMLS #1816289)

Suzi Boyle,Manager 37810/1251

Awarded"Nation's Top 200"--10 times

Boise, ID

More about me…

Castle & Cooke Mortgage, LLC, NMLS #1816289

Address: 512 N 13th Street, Boise, ID, 83702

Mobile: 208-859-3303

Office: 208-202-7890

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