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Martini Mortgage Podcast

Apr 11, 2023

n episode 176 of the Martini Mortgage Podcast, Kevin Martini, a Certified Mortgage Advisor and Producing Branch Manager, discusses the concept of home affordability and the three factors that determine it: home prices, wages, and mortgage rates.

He emphasizes that lowering home prices is not the only solution for making homes more affordable, and that higher mortgage rates do not necessarily mean homes are unaffordable. An increase in wages can positively impact home affordability.

Kevin also cautions against the false narratives that are often presented in headlines and media coverage, citing a 2022 prediction that home prices would drop 20%, which did not come to pass. He notes that renting is essentially paying a landlord's mortgage and that an increase in wages can positively impact home affordability.

The National Association of Realtors' Housing Affordability Index indicates that more families can qualify for a mortgage loan on a median-priced home, and Kevin predicts a real estate boom due to pent-up demand for homeownership.


Kevin Martini | NMLS 143962 | Certified Mortgage Advisor | Martini Mortgage Group at Gold Star Mortgage Financial Group, Corporation | NMLS # 3446 | 507 N Blount St, Raleigh, NC 27604 | (919) 238-4934 | | | Equal Housing Lender