The Dow Jones Stock Exchnage is based on a weighted average value of the top 30 companies publicly traded on the stock market. Investors in the stock market reacted to the news that our elected officials did not pass the $700 Billion Dollar … [Read more...]
Household Income to Purchase a Home
June 4, 2005 By Leave a Comment
The minimum household income needed to purchase a median-priced home at $509,230 in California in April was $120,290, based on an average effective mortgage interest rate of 5.92 percent and assuming a 20 percent downpayment. … [Read more...]