Payment to Income Ratio

Julie C. Nichols Mortgage

Black Knight reported this morning that the monthly Payment to Income ratio has dropped to the lowest level in a year.  This is helped by lower rates and rising income and speaks to Affordability and the health of the housing market.

 

https://www.mbshighway.com/images/SocialShare/Payment-to-Income-Ratio-6-4-2019.png

 

Reblogged from MBS Highway: https://www.mbshighway.com/gallery/Payment-to-Income-Ratio-6-4-2019-png

 

The views expressed are my own and do not necessarily reflect the views of my employer.

Visit my website at: www.julieCnichols.com or contact me with any of your home loan questions, NMLS #280620

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