article_snippet: The mortgage research company based The mortgage research company estimates on the National Association of Realtors' fourth-quarter data for median home prices, and The mortgage research company own data on average interest rates for 30-year, fixed-rate mortgages and a 20 per cent downpayment.
article_snippet: Nation's housing market: Mortgage tracking site HSH.com estimated how much salary a person must bring in to afford the principal, interest, taxes and insurance payments in 27 metro areas across America .
article_snippet: ‘Home prices in metro areas throughout the country continue to show solid price growth, up 25 per cent over the past three years on average,’ Lawrence Yun, NAR chief economist, told HSH.com.
article_snippet: ‘Low interest rates helped preserve affordability last quarter, but it’ll take stronger income gains and more housing supply to help meet the pent-up demand for buying.
highlights_snippet: Mortgage tracking site HSH.com estimated how much salary a person must bring in to afford the principal, interest, taxes and insurance payments .