Post by @owunnavictor

If you’re thinking of going on the property ladder in the current market, you need to check the data and numbers and factor them into your decision. Median home prices just rose to $500,000, and the median interest rate just hit 7.17%. This doesn't necessarily mean no one can own a house. It only means that homeownership, especially when it comes with locking yourself into a 30-year mortgage, has to be clearly thought through. The numbers don’t lie. #financialliteracy #investing #moneytips #mortgagetips #mortgage