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a According to the Housing Affordability Index (HAI) is it a good time to buy a home in New Jersey? Use the following information and

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a According to the Housing Affordability Index (HAI) is it a good time to buy a home in New Jersey? Use the following information and show all calculations: Median Housing Price in NJ = $500,628 Interest Rate 3.5% compounded monthly Term Mortgage Payment as a percentage of income = 17% Down Payment = 20% Median Household Income in NJ = $82,545 15 years =

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