Report: Mortgage Payments Down, Inventory Up as Housing Fights Against High Rates

Despite mortgage rates remaining elevated due to ongoing economic pressures stemming from the Middle Eastern conflict, the market continues to paint a picture of resilience as this spring sees many signs grow historically better. Zillow’s May Market Report saw monthly mortgage payments on a typical home (currently valued at $368,720) clock in at $1,861 (assuming…

The post Report: Mortgage Payments Down, Inventory Up as Housing Fights Against High Rates appeared first on RISMedia.

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