Median home prices dropped for a seventh month in January, but mortgage rates climbed. That has pushed the average monthly payment up in most of the 50 largest metros.
Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.
It offers a buydown of your mortgage rate: a 2% reduction the first year and a 1% discount the second. Has grants up to $7,500 to apply to borrowers’ down payment or closing costs. Available to ...
Use our mortgage payment calculator to estimate your monthly mortgage payments in Canada. Enter your loan details to get an accurate and quick assessment of your mortgage costs. Many or all of the ...