Tagged: mortgage payment

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

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.

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

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

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

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

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

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