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‘Buyers of a Median-Price Home Are Looking at a Monthly Mortgage Payment That Is Almost 50% Higher Than It Was a Year Ago.’ The 30-Year Mortgage Rate Dips Slightly to 5.1%

‘Buyers of a Median-Price Home Are Looking at a Monthly Mortgage Payment That Is Almost 50% Higher Than It Was a Year Ago.’ The 30-Year Mortgage Rate Dips Slightly to 5.1%

After rising at the fastest pace in 40 years, mortgage rates level off — but buyers should brace for persistently higher rates.

The post ‘Buyers of a Median-Price Home Are Looking at a Monthly Mortgage Payment That Is Almost 50% Higher Than It Was a Year Ago.’ The 30-Year Mortgage Rate Dips Slightly to 5.1% appeared first on Real Estate News & Insights | realtor.com®.

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