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Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

Written by Melbourne FL Mortgage Syndicated User on January 27, 2024. Posted in Buying Myths, First Time Home Buyers, For Buyers, Infographics, Melbourne FL Condo Financing, Melbourne FL Mortgage, Melbourne FL Mortgage Rates, Move-Up Buyers, Pricing.

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Simplifying The Market

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.

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