A dip in the weekly average for 30-year mortgage rates dropped the average mortgage payment to $2,575 in November, and homebuyers are taking advantage. Source:…
Posts published in “mortgage payments”
It doesn’t matter that there are fewer buyers to compete against. Rising mortgage rates and depleted inventory continue to erode options. Source: Inman News
Despite its balancing out, the market remains far from homebuyer-friendly with buyers paying 75 percent more on the typical mortgage payments than in 2019, according…
The second quarter of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least two decades. Source: Inman…
Mortgage payments are as high as it’s been in recent memory. But a sudden slowdown in growth may spell a turning point for the market. …
The number of homeowners who are more than 30 days late on mortgage payments dropped for the 11th straight month in February. Source: Inman News
Buyers have watched mortgage rates shoot from 3 percent to 5 percent this year alone, and that common refrain — “Is it really the best…
The extent to which tenants’ rent covers a landlord’s mortgage can vary widely, according to a city-by-city breakdown of how much rent goes into paying…
The median sales price of single-family existing homes increased in 99 percent of the 183 markets measured by the National Association of Realtors, while 78…
Despite market headwinds, housing affordability improved for the second consecutive month, according to the National Association of Realtors’ August Housing Affordability Index. Affordability improved on…