The average monthly mortgage payment is a whopping 52% higher than the average monthly rent on a house or apartment — a ratio that hasn’t been this out of whack since before the 2008 ho…
residential real estateForeclosures continue to surge: Are they a threat to the housing market?Fox News anchor Bret Baier lists newly built DC mansion for $31.9M amid move to Florida
In the lead up to the ’08 market crash, the mortgage premiums peaked at 33% in the second quarter of 2006. , adding hundreds of dollars a month in costs for borrowers, limiting how much they can afford in a market already unaffordable to many Americans.
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