Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]
![Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240125/202401-1.PNG)
Some Highlights
- Home affordability depends on three factors: mortgage rates, home prices, and wages.
- Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual.
- That’s good news if you want to buy a home because it means affordability is getting better.
Categories
Recent Posts
You’re Paying a Mortgage Either Way… The Question Is Whose
Rent or Buy? The Real Tradeoff Most People Don’t Talk About
This Is How You Turn a Tax Refund Into a House
Getting a Tax Refund? Here’s How It Can Help You Buy a Home
The Window Didn’t Close. You Just Hesitated.
Wondering If You Should Still Buy a Home Right Now? Here’s What To Keep in Mind.
Struggling to Buy a Home? This Changes Everything
When Buying a Home Feels Out of Reach, Some Families Do This Instead
Stop Waiting for Rates—Here’s the Smarter Move
Thinking About an Adjustable-Rate Mortgage? Here’s What You Need To Know.
