Key Factors Affecting Home Affordability Today

So, when you think about affordability, remember the full picture includes more than just mortgage rates. Home prices and wages need to be factored in as well. Because wages have been rising, they’re a big reason why serious buyers are still purchasing homes this year.

Source: https://www.simplifyingthemarket.com/en/2022/11/07/key-factors-affecting-home-affordability-today/