Key Factors Affecting Home Affordability Today
Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the
![Homeownership Wins Over Time [INFOGRAPHIC],KCM Crew](https://img.chime.me/image/fs/chimeblog/20221115/16/w600_original_4f8688db-bf9e-4b7e-83f8-43c4d89eb64e-png.webp)
Homeownership Wins Over Time [INFOGRAPHIC]
Some HighlightsIf you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership.As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 290.2% since 1991.Homeownership wins
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