The typical monthly payment rose to $2,563 this week despite home prices that were down 1 percent, according to data on Friday. That’s the highest monthly payment on record, up 29 percent from last year.
Source: Inman News
Monthly homebuyer payments just hit all-time high as spring arrives
Published in homeselling, Industry News, Listings, Mortgage, mortgage prices, mortgage rates, Property Portfolio, Redfin and Select
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