First home buyer splurge: cheaper now but paying for it later!

First home buyer splurge: cheaper now but paying for it later!

RateCity’s First Home Buyer Affordability Index shows more affordable than 12 months ago. But new borrowers taking on more debt. Cost escalates with higher rates: $400,000 mortgage costs extra $108,716 in interest than $300,000 loan over 30 years. National and state-by-state breakdown

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