To afford a monthly mortgage payment, middle-class Americans need to put more than $127,000 down [Yahoo! Finance]
Premier, Inc. - Class A (PINC)
Last premier, inc. - class a earnings: 2/4 07:00 am
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Source: Yahoo! Finance
A median-income household would need to put 35.4% down to afford the payments on a typical U.S. home. Five years ago, the typical U.S. home would have been affordable to a median-income household with no money down. A typical home is affordable to a median-income household with 20% down or less in 10 of the 50 biggest U.S. markets. SEATTLE June 20, 2024 /PRNewswire/ -- To comfortably afford a typical U.S. home, a home buyer making the median income needs to put down nearly , or 35.4%, a new Zillow® analysis shows. Five years ago, when mortgage rates were hovering just above 4% and the typical home was worth about 50% less, that home would have been affordable with no money down. That down payment is what a household making the median income would need to put down when purchasing a typical U.S. home — valued at about — so that the monthly mortgage payments take up no more than 30% of that household's monthly income. The enormous gap between the down payment needed now and fi
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PINC
Earnings
- 5/7/24 - Beat
PINC
Sec Filings
- 6/11/24 - Form 4
- 6/10/24 - Form 144
- 5/29/24 - Form 4
- PINC's page on the SEC website