You Must Earn $107,000 A Year To Cover The Average Monthly Mortgage Payment – Redfin Report

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In: Mortgage News

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It’s no secret that the housing market is tough for homebuyers, and now a new study suggests it could be even tougher. According to a new report from Redfin, American buyers will have to earn 45% more than last yearContinue Reading

Monthly Mortgage Payments Increased Faster Than Rents In September 2021

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In: Mortgage News

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The newest report from Redfin shows that the latest reported rise in mortgage payments marks the eighth consecutive month of development in median mortgage payments for new homebuyers.  Even with median mortgage payments growing at a speedy rate, rental price increasesContinue Reading