Tag Archives: mortgage payments

30-year mortgage rate inches down to 4-week low

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Mortgage rates have dropped to an average of 6.30 percent, renewing hope in a more active spring homebuying season. Continue reading →

Nearly 1 in 13 homeshoppers are also browsing rentals, Zillow finds

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About 8 percent of homeshoppers on Zillow are also browsing rentals, according to a new analysis, as the monthly cost of owning continues to outpace renting in most U.S. markets. Continue reading →

20 major metros primed for affordability this year

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Slowed home price growth, declining mortgage rates and rising incomes will contribute to the typical mortgage payment becoming affordable in 20 out of 50 of the country’s largest metro areas this year, the most since 2022. Continue reading →

With mortgage rates down, home payments hit lowest level in 2 years

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The 4.7 percent annual drop in monthly payments has yet to bring buyers or sellers back to the market in a significant way, but this may largely be due to seasonality, economists say. Continue reading →

Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800

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Home prices climbed in 77 percent of metro areas during the third quarter of 2025 as the median single-family home price in the U.S. rose by 1.7 percent year over year. Continue reading →

Home prices kept rising in Q1 but fewer cities saw double-digit gains

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According to a new report released Thursday by the National Association of Realtors (NAR), 83 percent of U.S. metro areas saw year-over-year price increases for single-family existing homes, down from 89 percent in the final quarter of 2024.  Continue reading →

US home prices rose in 90% of metro areas in Q3, NAR says

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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. Continue reading →

In 5 months, homebuyers have lost $30K in purchasing power

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It doesn’t matter that there are fewer buyers to compete against. Rising mortgage rates and depleted inventory continue to erode options. Continue reading →

‘Storm of rising costs’ is giving some persistent homebuyers an edge

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Despite its balancing out, the market remains far from homebuyer-friendly with buyers paying 75 percent more on the typical mortgage payments than in 2019, according to Zillow. Continue reading →