‘We have 3 kids and rented a 2 bedroom house in Mississippi for 13 years’: Should we buy a house if mortgage payments are costing 30% of our monthly income?

By Aarthi Swaminathan “We used to pay less than $600, and now they're asking $975 for the same apartment without getting an upgrade,” this reader says. Dear MarketWatch, We saved…

Continue Reading‘We have 3 kids and rented a 2 bedroom house in Mississippi for 13 years’: Should we buy a house if mortgage payments are costing 30% of our monthly income?