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Buyer Topics

Cheaper Mortgage Payments Make Home Ownership More Appealing

Nationally, the average mortgage payment has been falling, according to the United States Census Bureau. This has brought the average mortgage payment to around $1500 per month, which is only slightly higher than the average monthly rent payment.

By Joe Moshe, 5 yearsJanuary 23, 2020 ago

Market Conditions

Drop in Refinancing Leads to Mortgage Applications Falling

Mortgage applications have been on a steady decline, but the weekly mortgage application rate fell even further over the Thanksgiving vacation. The mortgage application volume was down 9.2% from the previous week, a dramatic dip in mortgages.

By Joe Moshe, 5 yearsDecember 10, 2019 ago