Monthly Housing Payments Hit All-Time High

The median monthly mortgage payment reached a record high this week, putting a lid on pending home sales. New listings, on the other hand, are improving.  The typical U.S. homebuyer’s monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a year earlier.  Housing costs are … Continue reading Monthly Housing Payments Hit All-Time High