Mortgage Payments Are Eating Up Paychecks the Most Since 2010
One of the best ways to determine housing affordability is to measure monthly housing costs versus income, otherwise known as your debt-to-income ratio (DTI). Lenders impose maximums to ensure borrowers can afford monthly payments. If too much of your income is going toward the mortgage, it can be said that your buying too much home,… Read More »Mortgage Payments Are Eating Up Paychecks the Most Since 2010
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