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

January 26, 2024
Frank Menjivar
Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Pricing

Why It’s More Affordable To Buy a Home This Year Prime Mortgage

Some Highlights

Home affordability depends on mortgage rates, home prices, and wages.
Mortgage rates are down from their recent peak, home prices are expected to rise slower, 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.

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