Families Spending 38% of Income on Mortgage

by marlam

NAHB: In 4Q 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home.

Categories

Recent Posts

Fannie Mae raises 2027 mortgage rate forecast
Fannie Mae raises 2027 mortgage rate forecast
Florida housing market holds steady in September
Florida housing market holds steady in September
Fourth-quarter habits can build 2027 business
Fourth-quarter habits can build 2027 business
Long-term mortgage rate holds after seven weekly increases
Long-term mortgage rate holds after seven weekly increases
How agents can stand out in AI search
How agents can stand out in AI search
Florida real estate experts share buying, selling tips
Florida real estate experts share buying, selling tips
Five questions to ask about appraisal changes
Five questions to ask about appraisal changes
Buyers take another look at adjustable-rate loans
Buyers take another look at adjustable-rate loans
Hispanic buyers play growing role in housing market
Hispanic buyers play growing role in housing market
Real estate inquiries often fail to reach agents
Real estate inquiries often fail to reach agents

Share on Social Media

Vivette Montas
Vivette Montas

Realtor |NHCB, ABR License ID: 3342071

+1(407) 906-3632 | vivsells@montashomes.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Vivette Montas, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.