August 29th, 2017 5:37 AM by Jackie A. Graves, President
Is buying a home affordable today? The answer is yes and no. It depends on a variety of factors, including where you live.
If you are thinking about buying a home, here are four reasons to do it today:
At the same time, homebuyers in today's market face some hurdles, too. Here are four to consider:
The bottom line: Even with some of the challenges homebuyers face in today's housing market, current low mortgage rates offer monthly mortgage payments that are more affordable than at almost any time in history. Of course, that's not the only thing you have to take into consideration. Buying a home is a big investment — perhaps the biggest you'll make in your lifetime — and it comes with responsibilities that you must be prepared for.
Courtesy of Freddie Mac - To view the original article click here