Please ensure Javascript is enabled for purposes of website accessibility
Home / Meckcetera / The cost of a mortgage is up 20% since December  (access required)

The cost of a mortgage is up 20% since December  (access required)

Higher mortgage rates are compounding affordability challenges for home shoppers, but the market continues to move at a remarkable pace

Monthly mortgage payments on the typical U.S. home are 19.5% higher than they were three months ago, and 38% higher than a year ago.   Annual home value growth set a record for the 12th month in a row. The typical U.S. home is worth $337,560, up 20.6% from a year ago.   Buyers remain ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*