Mortgage rates have fallen to a 15-month low, making it more affordable for homeownership. According to recent data, the average interest rate on a 30-year fixed-rate mortgage is now at its lowest point since October 2020. With this development, the question remains: how much money do you need to make to buy a $440,000 home? The answer depends on various factors, including credit score, down payment, and location.

Source: https://www.marketwatch.com/story/mortgage-rates-fall-to-a-15-month-low-heres-how-much-money-you-need-to-make-to-buy-a-440-000-home-4f76452b?mod=mw_rss_topstories