You’re in the market for a new home… But the numbers are a little tough to swallow. The average 30 year fixed mortgage increased from 3% to about 6% over the last 18 months. The supply of available homes remains tight and in an expensive market like DC, can you afford to put 20 percent down? Is the American dream of home ownership in DC possible or is it a pipe dream?
Resources:
DC Department of Housing and Community Development
Housing Counseling Service, Inc.
DC Housing Search
Colleen Green, Director, DC Department of Housing and Community Development
Ronald Clarkson, Director of Communications, Housing Counseling Services, Inc.
