This chart was updated today and I thought I should post it as a good reminder of what an opportunity we are sitting on. This is an opportunity of a lifetime if you want to own a home. Historically low-interest rates, depreciating housing prices making affordability at an all time high making owning even cheaper than renting right now.
Call a mortgage banker and have a conversation about refinancing or qualifying for a home purchase. If you need recommendations on who to call, let me know.