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Can you afford to buy a home? Can anyone?


//house-home.news-articles.net/content/2025/06/05/can-you-afford-to-buy-a-home-can-anyone.html
Published in House and Home on by WGME   Print publication without navigation

Home prices in the U.S. have been getting less and less affordable. Is there hope?

The article from WGME discusses the financial considerations of buying a home, emphasizing the importance of assessing one's financial readiness before making such a significant investment. It outlines key factors to consider, including the down payment, closing costs, monthly mortgage payments, property taxes, insurance, and maintenance costs. The piece also highlights the importance of a good credit score to secure favorable mortgage rates and advises potential buyers to get pre-approved for a mortgage to understand their borrowing capacity. Additionally, it suggests creating a budget to ensure that homeownership does not strain one's finances and recommends saving for an emergency fund to cover unexpected home-related expenses.

Read the Full wgme Article at:
[ https://wgme.com/money/mortgages/can-you-afford-to-buy-a-home ]

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