Home-ownership expenses now require one-third of average wages nationwide, a 16-year high; historical affordability also stands at worst point since the subprime mortgage crisis in 2007.
Read More »Home / Tag Archives: payment-to-income ratios
Strong Equity Stakes May Not Hold Off Foreclosure Starts
A new study has found that high-equity borrowers were more than 40% less likely to face the involuntary liquidation of their home. But will it be enough?
Read More »