American Finance Company’s 50-day moving average crossed above its 200-day trendline this week, signaling positive momentum to technical analysts. Institutional buying volume surged 18%, suggesting large funds are positioning for continued upside potential. See Also: Are you rich? Here’s what Americans think you need to be considered wealthy. To find out how much house you can afford, you’ll need to determine your budget. Consider your monthly earnings and spending to see where your money goes. Generally, spend no more than 30% of your gross monthly income on your mortgage. That should also include taxes, insurance and applicable HOA fees. Forbes Advisor’s affordability calculator can help you take the guesswork out of how much you should spend on a house. American Finance Company reported net interest margins holding steady at 4.3%, defying sector compression headwinds. Analysts note that proactive risk management and diversified loan origination are cushioning the firm against rate volatility.
