Monthly Payments for Homes Increased 1st Time in 6 Months

Date:

Homes await buyers in Irvine, Calif., on Sept. 21, 2020. John Fredricks/The Epoch TimesThe median monthly mortgage payment in the United States hit $2,742 for the four weeks ending March 29, marginally up from last year and registering the first year-over-year increase in almost six months, real estate brokerage Redfin said in an April 2 statement.“Housing payments are climbing because the Iran war and rising oil prices have pushed the weekly average mortgage rate up to a six-month high of 6.38 percent,” the brokerage said.

spot_imgspot_imgspot_img

Share post:

More like this
Related

State AGs Target Big Four Accounting Firms, Claim Theyre Pushing Climate Disclosures

A coalition of 16 state attorneys general is investigating...

Boston Scientific Hit by Cyberattack Disrupting Global Operations

Boston Scientific, a medical device developing and manufacturing company,...

How to Recreate a Paycheck in Retirement

If you’ve been collecting a paycheck for the past...

OpenAI Bans Cluster of ChatGPT Accounts Posting Fake Comments Promoting Russia

OpenAI banned a cluster of accounts on its popular...