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Why Its More Affordable To Buy a Home This Year [INFOGRAPHIC] - Marcus Bruno
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Why Its More Affordable To Buy a Home This Year [INFOGRAPHIC]
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Some Highlights
Home affordabilitydepends on three factors: mortgage rates, home prices, and wages.
Mortgage rates
are down from their recent peak,home pricesare expected to rise at a slower pace, and
wages
are increasing faster than usual.
Thats good news if you want tobuy a homebecause it meansaffordabilityis getting better.
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The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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