Typical mortgage payments skyrocket by $337 in only SIX WEEKS

2 years ago
13

According to a disturbing new Redfin survey, the average US homeowner faced a 15% increase, or $337, in their monthly mortgage payment.

According to the research, mortgage rates have risen to about 7%, which is the highest level since July 2007, just before the meltdown that precipitated the devastating recession.

Due to this, some prospective homebuyers are losing interest in the current market.

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