Mortgage Payments for New Homebuyers Are Rising 67% Faster Than Rents (access required)

By: Staff Report November 1, 2021

The national median monthly mortgage payment for homebuyers rose 67% faster than rents during the same period, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This is despite mortgage interest rates falling back to near-record lows. This is the seventh consecutive month that growth in median mortgage payments for new homebuyers have outpaced ...

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Mortgage Payments for New Homebuyers Are Rising 67% Faster Than Rents

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