The drop in monthly payments, Redfin reported, followed a decrease in mortgage rates, with 30-year fixed-rate mortgages ultimately hitting a 2025 low of 6.12 percent on Tuesday.
Source: Inman News
Median monthly housing payments see sharpest drop in almost 1 year
Published in 30-Year Fixed-Rate Mortgages, Agent, Data, federal reserve bank, home sale prices, housing market, housing payments, interest rates, Lillian Dickerson, Markets & Economy, Matt Purdy, mba, Median Housing Payment, mortgage bankers association, mortgage purchase applications, mortgage rates, national association of realtors, new listings, pending home sales, Redfin and Select
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