-2.8 C
Ottawa
Thursday, March 5, 2026

Monthly US Home Payments Fall to a 7-Month Low: Report

Date:

Monthly US Home Payments Fall to a 7-Month Low: Report

A For Sale sign in Washington on May 19, 2025. Madalina Vasiliu/The Epoch Times

The median monthly mortgage payment in the United States declined to $2,631 for the four weeks ending Aug. 10, the lowest level in seven months, real estate brokerage Redfin said in an Aug. 14 statement.

The typical monthly amount is down $215 from the May peak of $2,846. Last week, payments dropped or remained flat for the 12th straight week.

spot_imgspot_imgspot_img

Share post:

More like this
Related

TrumpRx Provides Lower Prescription Drug Prices

U.S. drug prices are nearly 3x higher than other...

US Layoffs Fall 55 Percent in February as Hiring Plans Pick Up: Challenger

A boy walks past a hiring sign displayed during...

Easing the Squeeze on Affordability

Debt ManagementAffordability pressures are hitting Americans across income levels—from...

Oil Is Beginning to Flow From Venezuela, Trump Says

Venezuelan Vice-President Delcy Rodríguez attends a session of the...