New homebuyers are now paying a record $34,000/year on home payments.
A buyer on a $3,000 monthly budget can afford a $419,000 home with a 7.7% mortgage rate. Read more: https://t.co/PjUD0QHHd7 — unusual_whales (@unusual_whales) October 8, 2023 via unusualwhales: A buyer on a $3,000 monthly budget can afford a $419,000 home with a 7.7% mortgage rate. They lost $38,000 in purchasing …