☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish • 3 months ago40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’fortune.comexternal-linkmessage-square50fedilinkarrow-up1130arrow-down10cross-posted to: news@lemmy.worldusa@lemmy.ml
arrow-up1130arrow-down1external-link40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’fortune.com☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish • 3 months agomessage-square50fedilinkcross-posted to: news@lemmy.worldusa@lemmy.ml
minus-squareWashedAnus [he/him]linkfedilinkEnglish49•3 months ago30-something renter (me) says economy doesn’t add up: “I’m making the most money I’ve ever made, and I still can’t qualify to buy a house”
minus-squarebigboopballs [he/him]linkfedilinkEnglish37•3 months agowhy aren’t I allowed to get a mortgage that is lower than the average monthly rent I have to pay anyway!?
minus-square@jkrtn@lemmy.mllinkfedilinkEnglish7•3 months agoMaybe you can get a mortgage with PMI. They have some out there that are reduced money down.
minus-squarecomrade_pibb [comrade/them]linkfedilinkEnglish8•3 months agoiirc less than 20% down is doable with mortgage insurance
minus-squarepeeonyou [he/him]linkfedilinkEnglish7•3 months agosame… we may an obscene amount of money for rent but can’t get a mortgage for even 3/4 of that amount
30-something renter (me) says economy doesn’t add up: “I’m making the most money I’ve ever made, and I still can’t qualify to buy a house”
why aren’t I allowed to get a mortgage that is lower than the average monthly rent I have to pay anyway!?
Maybe you can get a mortgage with PMI. They have some out there that are reduced money down.
iirc less than 20% down is doable with mortgage insurance
same… we may an obscene amount of money for rent but can’t get a mortgage for even 3/4 of that amount