Tag Archives: Mortgage Payments

A new Redfin analysis revealed homebuyers nationwide must earn even more money than they did a year ago in order to purchase a typical U.S. home.

While mortgage rates are discouraging buyers' homeownership goals, quickly rising interest rates continue to hamper renters’ already limited buying power in the nation’s most expensive markets.

According to Zillow's latest market report, inventory levels are up 3% from 2021, leaving more options for buyers and more competitive pressure on sellers. However, new for-sale listings saw an 11.4% drop from August, marking the third straight month of double-digit declines.

As escrow and title payments turned negative in 2022, new data from Bank of America showed that median mortgage payments rose nearly 9% in September, while total payments increased 10% year-over-year.

Since mortgage rates fell from their June highs, Redfin reports online real estate searches and home tours have ticked up and/or stabilized.

Homebuyer affordability numbers seem to have stabilized in June, with the national median payment that loan applicants applied for fell by $4 from $1,897 in May to $1,893 ...

According to a new report from Redfin, nearly 58% of home offers written by Redfin agents nationwide faced competition on a seasonally adjusted basis in May, marking the ...

According to a new report from Redfin, mortgage rates are climbing at the fastest pace in history, sending the typical monthly mortgage payment for a homebuyer up more ...

While home prices continue to increase, a new report suggests borrowers could receive support due to falling interest rates.

A new report suggests that the inability for borrowers to make payments on loans will not go away quickly.