How Much You Need To Earn To Comfortably Own a House in These 100 Big Cities [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
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Source: Yahoo! Finance
In the most expensive housing market on that list, you need to make about $343,000 a year to comfortably own a home, according to recently released GOBankingRates estimates. In the least expensive housing market, an annual salary of just $14,000 may suffice. More Data: A $150K Income Is ‘Lower Middle Class' In These High-Cost Cities Up Next: 5 Genius Things All Wealthy People Do With Their Money In the most expensive housing market, a 20% down payment on a home will run you nearly $329,000. In the least expensive housing market, you could theoretically buy five entire homes for that much. GOBankingRates has included these two housing markets and all points in between in a new ranking of the 100 largest markets in the U.S. We've ranked them from least to most affordable, based on how large of a salary you need in each market. To calculate salary needed for each market, GBR determined average home values based 2024 home values, then factored in a 30-year fixed-rate mortgage w
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- US construction spending falls in March [Reuters]Reuters
- US construction spending falls in March [Yahoo! Finance Canada]Yahoo! Finance Canada
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FMCC
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 5/1/24 - Form 8-K
- 5/1/24 - Form 10-Q
- 4/30/24 - Form ABS-15G
- FMCC's page on the SEC website