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re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted on 7/23/23 at 9:59 am to Crowknowsbest
Posted on 7/23/23 at 9:59 am to Crowknowsbest
quote:
We had a couple lenders offer close to 40%. No one squirms at 28% in my experience.
You had lenders offer close to 40% what?
1
Posted on 7/23/23 at 10:36 am to hondapa26
quote:
You had lenders offer close to 40% what?
We qualified for mortgage sizes where payments would have been ~40% of gross monthly income.
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