The graphic above shows the average household mortgage payment as a percentage of disposable personal income (after - tax income). (investmentresearchdynamics.com)
New research examines the role that the wave of recent refinancing activity has had on household mortgage debt burdens. (rismedia.com)
Flexible Income Qualifying — The standard for income qualifying ratios is 31/43 which means that up to 31 % of your monthly income can be used to pay your monthly household mortgage payment; and up to 43 % of your monthly income can be used to qualify for ALL monthly expenses. (kentuckyfhaloan.wordpress.com)