Mortgage Affordability: Home-buyers in Suburban Metros Spread Thin
By Liz Dominguez
Amid market challenges like rising interest rates and inventory shortages lies another top concern for today's homebuyer: affordability. Location can have a significant impact on budgeting and how much buyers are able to afford. A recent analysis by Zillow considers financial constraints related to mortgage payments across urban, suburban and rural areas of the U.S.