FT MarketWatch

Affordability index

A measure of the financial ability of U.S. families to Buy a House. 100 means that families earning the national Median income have just the amount of Money needed to qualify for a Mortgage on a median-priced home; higher than 100 means they have more than enough and lower than 100 means they have less than enough.

Related Terms: 11 Buy, FIN, House, High, Inc., Low, Money, Mortgage, Mean, Median, Owe
Other Related Pages: Category: Real_Estate Starting With: A
Additional Related Terms: 10-Q, 10-K, 52-week high, 52-week low, 12b-1 funds, Accredited Personal Financial Planning Specialist, Allowance for depreciation, Automatic Clearing House, Accrual of discount, Amortization of premium