15 Cities Where Homebuyers Are Most Impacted by Rising Interest Rates

Couple making a mortgage payment
fizkes / Shutterstock.com

Editor’s Note: This story originally appeared on Construction Coverage. Due to both the drive up in home prices that began in 2020 and rising interest rates, mortgage payments have increased rapidly over the last year. The monthly mortgage payment for a median-priced home is now 66% higher than a year ago. According to data from Zillow, the national median home price increased from $318,432…

https://www.moneytalksnews.com/slideshows/15-cities-where-homebuyers-are-most-impacted-by-rising-interest-rates/

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