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Jul 20, 2009

Taking Mortgage Costs Seriously

Texas housing is a bargain. Nationally, the monthly cost of owning a home using a mortgage loan is 25.1 percent of household income. But in Texas, homeownership costs using a mortgage take only 23.3 percent of a household's income.
1911
By
Ali Anari

Texas housing is a bargain. Nationally, the monthly cost of owning a home using a mortgage loan is 25.1 percent of household income. But in Texas, homeownership costs using a mortgage take only 23.3 percent of a household’s income.

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