Ep 23 - How to Beat the High Cost of Buying a Home 4.2.23

Listen to HomeWise Radio Sunday mornings at 9amCT on NewsTalkSTL 101.9, 94.1, and 99.1 HD3

0:00 SEG 1 Affordability now is lower than at any time since the banking crisis 15 years ago | Rates need to come down to restore affordability | The cost of a home plus the cost of financing it | Optimizing the cost of buying a home | Putting down less money for a home in order to invest money elsewhere | Looking at your financial picture as a whole | Putting extra money in your 401K | Paying off credit cards

22:50 SEG 2 Wages are not keeping up with inflation | Closing costs | The rate/price combination | points on a loan | Calculating break-even point

39:16 SEG 3 Shopping around for settlement service providers | Most consumers don’t know what title insurance is or how to shop for it 
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