How Much More Will Buyers Pay for a Mortgage?
Home buyers should expect to pay about $168 extra per month for their mortgage this year due to higher home prices and interest rates over the past 12 months, according to a new analysis by realtor.com®. The figure is based on the purchase of a $274,900 home, the median list price. The average monthly mortgage is now $1,486, up from $1,318 in February 2017, according to realtor.com®.
March home sales statistics for 5 popular NW Austin neighborhoods