Tag Archives: Fixed-Rate Mortgages

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.

What does the rise of ARMs indicate for the housing market and which areas are experiencing a higher demand for this mortgage product? Here’s what an analysis found.

With mortgage rates expected to hold mostly steady under Powell, the housing market should continue to flourish.

With the Federal Reserve on track to end its monthly bond purchases (currently at a rate of $25 billion and falling), Bove cautions that the loss of one of the tools used to help lift housing out of its post-recession rut could hurt the market, especially as interest rates start to tick back up.