US Monthly Housing Payment Falls to $2,413: Report

A townhouse for sale in Elkridge, Md., on Dec. 14, 2025. Madalina Kilroy/The Epoch TimesThe median U.S. monthly housing payment declined to $2,413 during the four weeks ending Jan. 11, the biggest decline since October 2024, and down 5.5 percent on an annual basis, according to a Jan. 15 report by real estate brokerage Redfin.“Housing payments are coming down because mortgage rates are falling,” Redfin stated. The 30-year fixed-rate mortgage averaged 6.06 percent as of Jan. 15, hitting its lowest level in over three years, according to Freddie Mac. The mortgage rate has registered a nearly 14 percent annual drop from 7.04 percent on Jan. 16, 2025.