Wednesday, March 13, 2024

Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It's not just due to high mortgage rates

Factors beyond high mortgage rates are affecting housing affordability for many Americans, according to experts.

ORIGINAL LINK: https://www.cnbc.com/2024/03/12/why-homebuyers-need-to-earn-more-to-afford-a-home-in-2024.html