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


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

Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and with a 10% down payment, according to a recent report by Zillow Group. Read the full article...

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