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Home / Meckcetera / Redfin Reports Mortgage Payments Rose Faster Than Rents for the 8th Consecutive Month in September  (access required)

Redfin Reports Mortgage Payments Rose Faster Than Rents for the 8th Consecutive Month in September  (access required)

Average monthly rents increased 11% nationwide over the past year, the highest growth rate in at least two years, according to a new report from Redfin.  The national median monthly mortgage payment for homebuyers went up even faster, climbing 15% since September 2020. This is the eighth consecutive month that growth in median mortgage payments for new homebuyers ...

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