House payments can eat up a big part of the monthly budget, but some states are cheaper than others. Believe it or not, Texas has among the highest mortgages in the U.S.
Could you imagine spending $3500 per month on rent? That's the average in one U.S. city, and thankfully it's not in Texas. We're getting off cheap here in comparison.
We're lucky in Texas that for the most part, the job market is steady and houses are affordable.
That makes us one of the best places in the country to buy a first home, and it doesn't look like that will change anytime soon. See which Texas city ranks higher than any other.