Setting the right housing budget is very important. Mortgage interest rates are at all-time lows and this will allow buyers who are financing to increase their buying power. The market is highly competitive and beating other homebuyers with your offer is key to having a chance of getting the home you love. Homebuyers today who want to win a home in a competitive market need not set their housing budget artificially low if they are in it to win it. Bill Burress is a leading real estate agent and expert in Greater Cincinnati and will give you today's tip on how to set your housing budget.