can I afford a home

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Your mortgage bill will cost you more in these cities

Sep 07, 2018By

Home prices are rising, interest rates are climbing, and mortgage payments are putting a bigger dent in Americans’ budget than in years past. A new study by Zillow revealed that a mortgage payment on the average U.S. home comprises 17.5% of the median income, climbing 2% from last year and reaching the highest level in nine years.

3d rendering of a row of luxury townhouses along a street

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