Weekly mortgage applications surge nearly 9% on lower rates – Borrowers and buyers awoke to a new normal in housing affordability last week, as mortgage rates dropped to the lowest level in more than a year. tend to lag home sales by a year or two, so the.
aag jumbo reverse mortgage how much can i afford for a house calculator How Much House Can I Afford? – Home Affordability Calculator – How Much Mortgage Can I Afford? Even though Martin can technically afford House #2 and Teresa can technically afford House #3, both of them may decide not to. If Martin waits another year to buy, he can use some of his high income to save for a larger down payment.