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Tagged: mortgage payment

43% Of New Homeowners Struggle To Make Mortgage Payments

And 44% have taken on extra debt to maintain their lifestyle, according to a new survey from Clever Real Estate.

Analysis and Data
May 14, 2024
Redfin: New Listings Spike Up And Inventory Improves

More sellers are listing their homes, but mortgage rates and steep home prices are suppressing sales.

Analysis and Data
Feb 29, 2024
Homebuying Got More Expensive In January

The national median payment applied for by purchase applicants increased 2.3% to $1,964 in January.

Analysis and Data
Feb 23, 2023
Homebuyers Are Getting More For Their Buck

Rising mortgage rates last year cut $305,000 off what a buyer could afford with a $3,000 payment, but that trend has started to reverse.

Analysis and Data
Feb 10, 2023
Homebuyers Need $107,000 Annually To Afford Typical Home

Redfin says the increases in income needed to afford a median-priced home are especially high in Florida.

Analysis and Data
Nov 15, 2022
Home Prices Rose Year-Over-Year In 98% of Metros In Q3

The National Association of Realtors also said 46% of metros registered double-digit price increases.

Analysis and Data
Nov 10, 2022
Mortgage Payments Grow, But The Market Shows Signs Of Slowing

Internal data from The Bank of America Institute shows signs that the housing market is slowing down. 

Analysis and Data
Oct 11, 2022
Home Prices Decline, But Monthly Payments Soar

Black Knight finds home prices are on the decline, but soaring interest rates create record-breaking P&I payments.

Analysis and Data
Oct 03, 2022
MBA: Housing Affordability Mostly Unchanged In June

The national median payment applied for by applicants was down just four dollars to $1,893 in June from $1,897 in May.

Analysis and Data
Jul 28, 2022
Hispanic Homeowners In Fla. Awarded $4.6M In Discrimination Lawsuit

Department of Justice alleged the defendants discriminated against homeowners on the basis of national origin.

Industry News
Jun 14, 2022
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