Homes Still at Unaffordable Highs Despite Settling Prices
Savings Corner
DECEMBER 23, 2023
A median-priced home consumes 33.7% A typical mortgage payment , property taxes, and insurance are taking up three percentage points more of the average wage than a year ago and 12 points more than early in 2021, just before home mortgage rates started rising. Despite this, the latest percentage is up from 30.9%
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