Tag Archives: Payment to income ratio

According to a new report from the Mortgage Bankers Association, mortgage payments have increased by 42.9% in the first eleven months of the year.

The Mortgage Bankers Association has released new data showing the national median mortgage payment rose to $2,012 in October, recording a slight climb from September. Meanwhile, median asking rents increased an estimated 6.2% between Q2 and Q3 of 2022.