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

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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.

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