{"id":1648,"date":"2015-08-14T23:42:01","date_gmt":"2015-08-14T23:42:01","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=1648"},"modified":"2015-08-14T23:42:01","modified_gmt":"2015-08-14T23:42:01","slug":"the-affordability-gap-part-2","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2015\/08\/14\/the-affordability-gap-part-2\/","title":{"rendered":"THE AFFORDABILITY GAP &#8211; part 2"},"content":{"rendered":"<p>When interest rates, taxes, insurance, utilities rise in price, then the overall affordability of a new home is REDUCED.\u00a0 From 1989 to 1999 they tracked tightly together.\u00a0 More recently trying to get lenders to require less down payment\u00a0 but then monthly payment go UP.\u00a0 Lenders only want principal, interest, taxes, insurance &amp; utilities to be NO more than 35% of the monthly income.\u00a0 More down payment then buyers can afford a pricier house.\u00a0 MORE TO COME<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When interest rates, taxes, insurance, utilities rise in price, then the overall affordability of a new home is REDUCED.\u00a0 From 1989 to 1999 they tracked tightly together.\u00a0 More recently trying to get lenders to require less down payment\u00a0 but then monthly payment go UP.\u00a0 Lenders only want principal, interest, taxes, insurance &amp; utilities to be [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1648"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=1648"}],"version-history":[{"count":1,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1648\/revisions"}],"predecessor-version":[{"id":1649,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1648\/revisions\/1649"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=1648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=1648"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=1648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}