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


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.