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re: Salary of $115,627 needed in order to qualify for a mortgage on a typical American home
Posted on 10/18/23 at 10:57 am to stout
Posted on 10/18/23 at 10:57 am to stout
quote:
According to a new report by Redfin, a homebuyer must now earn an average salary of $115,627 in order to qualify for a mortgage on a typical American home—a number that is up 15% (or $15,285) year-over-year and up 50% from before the pandemic.
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