how much of your income goes to your mortgage ?

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Mortgage and Lending with kandola mortgage services

 

What percent of your income goes to housing expense? A record 37.3 million households, or one in three, were

paying 30% of their income toward housing in 2005, according to The State of the Nation's Housing 2007. The

study said the number of households with that cost burden had risen roughly 20% since 2001 when rates started

to slide helping appreciation and lowering payments

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