First-time buyers catch a break, NAR’s Yun says

The cheapest financing in more than three years is making it easier for first-time buyers to afford a home. A tiny bit easier.

Instead of having just enough income needed to buy a median-priced starter home at current mortgage rates, they now have a small buffer, according to Lawrence Yun, chief economist of the National Association of Realtors.

It’s a great time to purchase with the interest rates being so low. Contact iFinance Mortgage Inc today to get pre-approved!

Read the full story from HW here.