Jan 27, 2023
Let's face it, mortgages might be a good bit higher than they were in the past, but at least you can take solace in the fact that rates today are lower than last year.
And if lower home loan rates isn't reason enough for a jolt to your morale, you could always consider home values - sure, one month may see the market dip, but experts all seem to agree that year-over-year there will be no retreat.
But don't despair just yet - that third factor of affordability, wages, comes like a beam of light over yonder hills; wages are on the rise and with them our capacity to own homes!
Put it all together and you have yourself a potentially more attainable future when it comes to finally buying that dream house of yours.
Tune into this special episode 171 of the Martini Mortgage Podcast which is called 'Affordability' and it takes a deep dice into home affordability.
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 | www.MartiniMortgageGroup.com | Kevin@MartiniMortgageGroup.com | Equal Housing Lender