Archive for September, 2022

How mortgage rates affect Homeownership ROR

The Texas Real Estate Research Center recently looked at how different interest rates can affect the rate of return on homeownership for first-time buyers. The study’s model made several assumptions (Table 2).  The home costs $250,000, which was the first-quartile  sales price for first-time buyers for an existing single-family home in Texas in 2Q2022. The […]