Latest / Mortgage Research Network Podcast
Mortgage Costs Are Down, But Other Factors Still Matter for Homebuyers
Mortgage payments are finally dropping for new buyers, offering a rare bit of relief. Lower rates combined with plateauing home prices mean monthly payments are 8.4% lower than last January, but regional variations, rising insurance costs, and climbing property taxes create a more complex picture. Tim Lucas and Craig Berry break down what buyers should watch, why waiting for the “perfect” moment can backfire, and how personal circumstances matter more than market timing.In this episode you’ll learn:How mortgage payments have changed: New mortgages are averaging 8.4% less than last…
The skinny
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