The Housing Market Pushing Up Mortgage Costs?

October 8, 2021 Kyle G. Horst

Amid rising home prices, the average mortgage payment has increased by $50 over the last six weeks as sellers’ median asking price increased 12% year over year to a new record high according to a new report from Redfin.  Even though median asking prices are at record-highs, houses are still being purchased at a blistering pace—46% of homes ...

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