Do You Know What Was Biggest Year Ever for First-Time Homebuyers??

Today we discuss an article from Fortune titled "House Poor is Back" which finds homes are less affordable than ever. The article claims that for homebuyers making today's median household income, it would take 50% of their pay to cover their mortgage. We discuss why house affordability is a problem, but it may not be as bad as this article leads us to believe. Listen in as we discuss this and more!Article links: https://fortune.com/2023/09/18/housing-market-affordability-strained-mortgage-rates-home-prices/https://statics.teams.cdn.office.net/evergreen-assets/safelinks/1/atp-safelinks.htmlSee more at TodayInMortgages.comWant to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here. Learn more about Network Funding on our parent site. Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.