Tuesday, January 28, 2014

Zillow Q3 2013 Affordability and Interest Rates | Zillow Real Estate Research

Posted by Me on Facebook on January 28, 2014 at 01:23PM:



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Source:

http://bit.ly/1hJhWql

Description:

As mortgage rates have risen above 4%, buying a home has become less affordable as monthly payments are rising due to interest rates and home value appreciation. At Zillow, we measure affordability by looking at how much of a person’s monthly income is spent on a mortgage payment. To that end, we me...

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