According to a new report from Black Knight, Inc., half of new mortgage payments are over $2,000, while a quarter have surpassed the $3,000 mark.
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Mortgage Rates Remain Relatively Steep Compared to Record Lows
Nationwide, the average payment on a new mortgage is now $2,317 a month, according to a report from LendingTree, with monthly mortgage payments the most expensive in Hawaii, California, and Massachusetts.
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