Tag: mortgage

Ten Ideas for Making Home Ownership a Reality

June is National Homeownership Month—a time to celebrate the value of homeownership to families and communities. Affording a new home has become more difficult for four basic reasons: higher mortgage rates, higher home prices, lower inventory and lagging wage growth.

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Calculating an Affordable Mortgage

The double whammy of higher home prices and rising mortgage rates have a lot of Americans reevaluating the mortgage they can afford and how much a mortgage lender will lend. There are several ways individuals can calculate the monthly mortgage amount affordable for them.

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