{"id":4409,"date":"2022-11-07T05:00:14","date_gmt":"2022-11-07T11:00:14","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/"},"modified":"2024-01-18T20:52:32","modified_gmt":"2024-01-19T02:52:32","slug":"key-factors-affecting-home-affordability-today","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/","title":{"rendered":"Key Factors Affecting Home Affordability Today"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/11\/04111715\/key-factors-affecting-home-affordability-today-KCM-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Key Factors Affecting Home Affordability Today | Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>Every time there\u2019s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it\u2019s true rates have risen dramatically, it\u2019s important to remember they aren\u2019t the only factor in the affordability equation.<span id=\"more-47400\"><\/span><\/p>\n<p>Here are three measures used to establish home affordability: <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/10\/20\/whats-ahead-for-home-prices\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">home prices<\/a>, <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/10\/12\/four-things-that-help-determine-your-mortgage-rate\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">mortgage rates<\/a>, and wages. Let\u2019s look closely at each one.<\/p>\n<h4><strong>1. Mortgage Rates<\/strong><\/h4>\n<p>This is the factor most people are focused on when they talk about homebuying conditions today. So far, current rates are almost four full percentage points higher than they were at the beginning of the year. As Len Kiefer, Deputy Chief Economist at <em>Freddie Mac,<\/em> <a href=\"https:\/\/twitter.com\/lenkiefer\/status\/1583120440477638656?s=61&amp;t=BJfo4wZ1wpoplAOy49w3Pg\" target=\"_blank\" rel=\"nofollow noopener\">explains<\/a>:<\/p>\n<blockquote>\n<p><em>\u201cU.S. 30-year fixed mortgage rates have increased 3.83 percentage points since the end of last year. <strong>That&#8217;s the biggest year-to-date increase in rates in over 50 years.\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n<p>That increase in mortgage rates is impacting how much it costs to finance a home purchase, creating a challenge for many buyers that\u2019s pricing some out of the market. While the current global <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/10\/25\/what-happens-to-housing-when-theres-a-recession\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">uncertainty<\/a> makes it difficult to project where mortgage rates will go in the future, experts do say that rates will likely remain high as long as inflation does.<\/p>\n<h4><strong>2. Home Prices<\/strong><\/h4>\n<p>The second factor at play is home prices. Home prices have made headlines over the past few years because they skyrocketed during the pandemic. Now, the most recent <a href=\"https:\/\/www.spglobal.com\/spdji\/en\/documents\/indexnews\/announcements\/20221025-1457029\/1457029_cshomeprice-release-1025.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><em>Home Price Index<\/em><\/a> from <em>S&amp;P Case-Shiller<\/em> shows home values continued to decelerate for a fifth consecutive month (<em>shown in green in the graph below<\/em>):<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/11\/04111717\/sp-case-shiller-index-continued-to-decelerate-in-august-MEM.png?ssl=1\" target=\"_blank\" rel=\"nofollow noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-47402\" src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/11\/04111717\/sp-case-shiller-index-continued-to-decelerate-in-august-MEM.png?resize=650%2C488&#038;ssl=1\" alt=\"Key Factors Affecting Home Affordability Today | Simplifying The Market\" width=\"650\" height=\"488\" \/><\/a><\/p>\n<p>This deceleration is happening because higher mortgage rates are moderating demand, and as a result, easing the buyer competition and bidding wars that previously drove prices up.<\/p>\n<p>What\u2019s worth noting though, is how much higher home prices still are than they were before the pandemic (<em>shown in blue in the graph above<\/em>). Even now, we have a long way to go to get to more normal levels of home price appreciation, which is historically closer to 4%. When both mortgage rates and home prices are high, affordability and your purchasing power become a greater challenge.<\/p>\n<p>But while prices are still elevated in many markets, some areas are seeing slight declines. It all depends on your local market. For insight into what\u2019s happening in your area, reach out to a trusted real estate professional.<\/p>\n<p><strong>3. Wages<\/strong><\/p>\n<p>The one big, positive component in the affordability equation is the increase in American wages. The graph below uses data from the <em>Bureau of Labor Statistics <\/em>(BLS) to show how wages have grown over time. This year is no exception.<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/11\/04111719\/american-wage-growth-since-2000-MEM.png?ssl=1\" target=\"_blank\" rel=\"nofollow noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-47403\" src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2022\/11\/04111719\/american-wage-growth-since-2000-MEM.png?resize=650%2C488&#038;ssl=1\" alt=\"Key Factors Affecting Home Affordability Today | Simplifying The Market\" width=\"650\" height=\"488\" \/><\/a><\/p>\n<p>As the<em> Bureau of Labor Statistics <\/em>(BLS) reports:<\/p>\n<blockquote>\n<p>\u201c<em>Median weekly earnings of the nation&#8217;s 120.2 million full-time wage and salary workers were $1,070 in the third quarter of 2022 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reported\u2026<strong>This was 6.9 percent higher than a year earlier<\/strong>\u2026<\/em>\u201d<\/p>\n<\/blockquote>\n<p>So, when you think about affordability, remember the full picture includes more than just mortgage rates. Home prices and wages need to be factored in as well. Because <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/10\/27\/millennials-are-still-a-driving-force-of-todays-buyer-demand\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">wages<\/a> have been rising, they\u2019re a big reason why serious buyers are still purchasing homes this year.<\/p>\n<p>If you have questions or want to learn more, reach out to a <a href=\"https:\/\/www.simplifyingthemarket.com\/2022\/09\/27\/how-an-expert-can-help-you-understand-inflation-mortgage-rates\/?a=375140-ca8522ad04357da9549c08492a932f70\" target=\"_blank\" rel=\"nofollow noopener\">trusted advisor<\/a> who can explain how all of these variables work together and what\u2019s happening in your area. As Leslie Rouda Smith, President of the <em>National Association of Realtors<\/em> (NAR), says:<\/p>\n<blockquote>\n<p>\u201c<strong><em>Buying or selling a home involves a series of requirements and variables, and it&#8217;s important to have someone in your corner from start to finish to make the process as smooth as possible<\/em><\/strong><em>\u2026 and objectivity to deliver trusted expertise to consumers in every U.S. ZIP code<\/em>.\u201d<\/p>\n<\/blockquote>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>To learn more, let\u2019s connect today and make sure you have a trusted lender so you\u2019re able to make an informed decision if you\u2019re planning to buy or sell a home right now.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every time there\u2019s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it\u2019s true rates have risen dramatically, it\u2019s important to remember they aren\u2019t the only factor in the affordability equation. Here [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4410,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-4409","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Key Factors Affecting Home Affordability Today&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key Factors Affecting Home Affordability Today&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Every time there\u2019s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it\u2019s true rates have risen dramatically, it\u2019s important to remember they aren\u2019t the only factor in the affordability equation. Here [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/\" \/>\n<meta property=\"og:site_name\" content=\"NWI Loan Guy Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-07T11:00:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-19T02:52:32+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/nwiloanguy.com\/blog\/wp-content\/uploads\/2022\/11\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"549\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/\"},\"author\":{\"name\":\"Scott\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#\\\/schema\\\/person\\\/a2840f8950fa5f9de1d1db60cab8be1e\"},\"headline\":\"Key Factors Affecting Home Affordability Today\",\"datePublished\":\"2022-11-07T11:00:14+00:00\",\"dateModified\":\"2024-01-19T02:52:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/\"},\"wordCount\":680,\"image\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/nwiloanguy.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg?fit=549%2C300&ssl=1\",\"keywords\":[\"100% financing\"],\"articleSection\":[\"Local Info\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/\",\"url\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/\",\"name\":\"Key Factors Affecting Home Affordability Today&#8212;NWI Loan Guy Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/nwiloanguy.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg?fit=549%2C300&ssl=1\",\"datePublished\":\"2022-11-07T11:00:14+00:00\",\"dateModified\":\"2024-01-19T02:52:32+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#\\\/schema\\\/person\\\/a2840f8950fa5f9de1d1db60cab8be1e\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/nwiloanguy.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg?fit=549%2C300&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/nwiloanguy.com\\\/blog\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg?fit=549%2C300&ssl=1\",\"width\":549,\"height\":300},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/key-factors-affecting-home-affordability-today\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Key Factors Affecting Home Affordability Today\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/\",\"name\":\"NWI Loan Guy Blog\",\"description\":\"Home Loans and Mortgage Refinances in Indiana and Illinois\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#\\\/schema\\\/person\\\/a2840f8950fa5f9de1d1db60cab8be1e\",\"name\":\"Scott\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g\",\"caption\":\"Scott\"},\"sameAs\":[\"http:\\\/\\\/www.nwiloanguy.com\",\"https:\\\/\\\/www.facebook.com\\\/NWIHomeLoans\",\"https:\\\/\\\/x.com\\\/loan_guy\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Key Factors Affecting Home Affordability Today&#8212;NWI Loan Guy Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/","og_locale":"en_US","og_type":"article","og_title":"Key Factors Affecting Home Affordability Today&#8212;NWI Loan Guy Blog","og_description":"Every time there\u2019s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it\u2019s true rates have risen dramatically, it\u2019s important to remember they aren\u2019t the only factor in the affordability equation. Here [&hellip;]","og_url":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/","og_site_name":"NWI Loan Guy Blog","article_publisher":"https:\/\/www.facebook.com\/NWIHomeLoans","article_author":"https:\/\/www.facebook.com\/NWIHomeLoans","article_published_time":"2022-11-07T11:00:14+00:00","article_modified_time":"2024-01-19T02:52:32+00:00","og_image":[{"width":549,"height":300,"url":"http:\/\/nwiloanguy.com\/blog\/wp-content\/uploads\/2022\/11\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg","type":"image\/jpeg"}],"author":"Scott","twitter_misc":{"Written by":"Scott","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/#article","isPartOf":{"@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/"},"author":{"name":"Scott","@id":"https:\/\/nwiloanguy.com\/blog\/#\/schema\/person\/a2840f8950fa5f9de1d1db60cab8be1e"},"headline":"Key Factors Affecting Home Affordability Today","datePublished":"2022-11-07T11:00:14+00:00","dateModified":"2024-01-19T02:52:32+00:00","mainEntityOfPage":{"@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/"},"wordCount":680,"image":{"@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2022\/11\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg?fit=549%2C300&ssl=1","keywords":["100% financing"],"articleSection":["Local Info"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/","url":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/","name":"Key Factors Affecting Home Affordability Today&#8212;NWI Loan Guy Blog","isPartOf":{"@id":"https:\/\/nwiloanguy.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/#primaryimage"},"image":{"@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2022\/11\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg?fit=549%2C300&ssl=1","datePublished":"2022-11-07T11:00:14+00:00","dateModified":"2024-01-19T02:52:32+00:00","author":{"@id":"https:\/\/nwiloanguy.com\/blog\/#\/schema\/person\/a2840f8950fa5f9de1d1db60cab8be1e"},"breadcrumb":{"@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/#primaryimage","url":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2022\/11\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg?fit=549%2C300&ssl=1","contentUrl":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2022\/11\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg?fit=549%2C300&ssl=1","width":549,"height":300},{"@type":"BreadcrumbList","@id":"https:\/\/nwiloanguy.com\/blog\/key-factors-affecting-home-affordability-today\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nwiloanguy.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Key Factors Affecting Home Affordability Today"}]},{"@type":"WebSite","@id":"https:\/\/nwiloanguy.com\/blog\/#website","url":"https:\/\/nwiloanguy.com\/blog\/","name":"NWI Loan Guy Blog","description":"Home Loans and Mortgage Refinances in Indiana and Illinois","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nwiloanguy.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/nwiloanguy.com\/blog\/#\/schema\/person\/a2840f8950fa5f9de1d1db60cab8be1e","name":"Scott","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g","caption":"Scott"},"sameAs":["http:\/\/www.nwiloanguy.com","https:\/\/www.facebook.com\/NWIHomeLoans","https:\/\/x.com\/loan_guy"]}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2022\/11\/key-factors-affecting-home-affordability-today-KCM-549x300-1.jpg?fit=549%2C300&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p65HxI-197","jetpack-related-posts":[],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/posts\/4409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/comments?post=4409"}],"version-history":[{"count":3,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/posts\/4409\/revisions"}],"predecessor-version":[{"id":5371,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/posts\/4409\/revisions\/5371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/media\/4410"}],"wp:attachment":[{"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/media?parent=4409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/categories?post=4409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/tags?post=4409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}