What is the 30/30/3 Rule for Home Buying?
If you’re thinking about buying a home, you may have come across something called the 30/30/3 rule. As a Harford County, Maryland Realtor who works with many first-time buyers, move-up buyers, and relocating families, I am a big fan of this guideline.
The 30/30/3 rule is not a lender requirement. It is a practical framework designed to help home buyers stay financially comfortable after they purchase...