Home affordability improved as mortgage rates dipped, bringing the monthly mortgage payment on a typical single-family home with a 20 percent down payment to $2,137 — a 5.5 percent decrease from Q2, though still up 2.4 percent year over year.
Source: Inman News
US home prices rose in 90% of metro areas in Q3, NAR says
Published in 30 year fixed rate mortgage, homebuying, housing affordability, lawrence yun, Markets & Economy, metro home prices, MLS & Associations, mortgage payments, NAR chief economist Lawrence Yun, National Association of Realtors (NAR), Quarterly Metro Home Prices and Select
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