Tag Archives: feel

Homebuyers are really beginning to feel the squeeze Median mortgage application monthly payment climbed to $1,653 in February

The one-two punch of higher mortgage rates and escalating home prices reduced homebuyers’ ability to buy homes in February. The trend is also likely to worsen in the coming months. The national median monthly mortgage payment settled in loan applications increased 8.3%, from $1,526 in January to $1,653 in February, according to a survey published […]