The share of income required to afford a mortgage has risen to 30.2 percent, well above the established norm of 22.8 percent of a homeowner’s income, according to an analysis by Zillow released Thursday.
Source: Inman News
Nearly a third of income gobbled up by monthly mortgage payments now
Published in affordability, affordability concerns, hartford, las vegas, Markets & Economy, nicole bauchad, salt lake city and Zillow
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