Cincinnati Homes Among Most Affordable In U.s.

Jacob Fisher, Biz Journals
Fri, 06/22/2018 - 8:06am

Cincinnati mortgages are among the most affordable in the U.S. despite a sharp rise in mortgage burdens nationwide, a recent report suggests. The Queen City ranked second only to Pittsburgh as having the lowest income-to-mortgage payment ratio among the nation’s hottest housing markets. Estimating a 5 percent interest rate, Cincinnatians spend just 13.2 percent of their income on mortgage payments. That’s according to a new report from Zillow Inc.

Topics: u.s the queen city pittsburgh cincinnatians that s zillow inc nasdaq z seattle-based affordable percent report mortgage

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Cincinnati Homes Among Most Affordable In U.s.

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