Since 1971: How Much a Home Would Have Cost You

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Since 1971: How Much a Home Would Have Cost You Posted on June 22, 2016 by Christina Lavingia Purchasing a home is a major financial decision that isn’t made on a whim. If you’re a first-time home buyer, you’ve likely saved up for years for a down payment. If you’re a current homeowner, you have to weigh your home’s purchase value against the current market to determine if selling would be a net positive for you. Those in market for a home are facing a lending environment wherein the average 30-year fixed mortgage rate is 3.54 percent, according to Freddie…

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