High home prices and rates sent home sellers and buyers to the sidelines in April and the start of May. But last week’s encouraging economic news drove mortgage rates down a bit, which could bring back prospective sellers and house hunters.  The median U.S. monthly housing payment hit an all-time high of $2,894 during the … Continue reading Housing Market Update: Record-High Monthly Payments Chill Spring Selling Season–But Declining Rates Could Boost Activity