7%-plus mortgage rates and increasing home prices have pushed the typical U.S. monthly mortgage payment to a record high, and sent pending home sales down 12% year over year.  What homebuyers need to know: It’s more expensive than ever to buy a home. The median monthly mortgage payment hit an all-time high of $2,632 during … Continue reading Housing Market Update: Monthly Housing Costs Hit All-Time High, Deterring Would-Be Buyers