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Montana Mortagages (MT)Home prices in Montana continue to rise, as buyers migrate from over-heated markets in Nevada and Arizona. While prices continue to rise, a growing inventory of homes will moderate the pace. Employment and population growth have both remained steady for the past dozen years. Housing is affordable in Montana, and the long-term prospects for the economy are good. Mortgage rates fell slightly in early April, making this a good time to purchase or re-finance a home in Montana. Quick Montana Housing factsPercent of Montanans who own a home: 69.1%Percent of Renters in Montana: 30.9% Median Montana Household Income: $34,871 Best City to live in Montana: Billings, Montana How much house can I afford in MontanaOne of the biggest problems facing Montana’s homebuyers is figuring out how much house you can afford. We have some great mortgage calculators that can help you figure how much home will fit into your monthly budget. Other things to consider when calculating how much you can afford are: 1) do you have any other monthly obligations – such as credit cards or student loans, and 2) what will your tax burden be.Refinancing in MontanaRefinancing can be a daunting task, and we try to make it easier. Common reasons to refi today include:
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This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states. |
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