January, 2020

The Average Mortgage Payment Is Declining. Here’s Why.

The Average Mortgage Payment Is Declining. Here’s Why.

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According to a report that was recently published by the United States Census Bureau, the average mortgage payment has been dropping. According to the bureau, the average payment is just over $1,500 per month. This is shockingly close to the average cost of renting, which is just under $1,500 per month.

Case-Shiller Reports Growth In Home Prices In November

Case-Shiller Reports Growth In Home Prices In November

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Case-Shiller Home Price Indices reported that national growth of home prices rose by 0.30 percent in November. Analysts said that slim inventories of available homes boosted home prices. Whether or not home price growth continues gaining speed depends on variables including supplies of homes for sale, affordability and home-buyer confidence in the economy.