Average monthly mortgage payments top $2K — a new record
Over the past five years, the average payment has jumped 44% — and breached $2,000 per month for the first time late last year, according to Realtor.com data.
April 24, 2026
Consumer
Stories for and about homebuyers, sellers, the housing market and the forces that shape the real estate landscape.
- Fed chair nominee feels the heat at confirmation hearingKevin Warsh, who will take over as Federal Reserve chair if confirmed, emphasized his independence as lawmakers pressed him on his loyalty to Trump.April 21, 2026
- Buyers have an advantage this spring — but will they show up?Sellers outnumber buyers nationally, but with mortgage rates and inflation up from February, the “spring housing market is still a bit of a toss-up.”April 20, 2026
- Homeownership varies by job type — but affordability still a factorWhile business professionals and people in management still have the highest rates of homeownership, service occupations have seen big gains in recent years.April 17, 2026
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- ‘Increasingly worse vibes’ hampering spring housing marketThough mortgage rates are ticking down and home price appreciation has dropped year-over-year, widespread economic uncertainty continues sapping demand.April 16, 2026
- Share of first-time buyers sinks to record lowOnly 21% of recent homebuyers were first-timers, according to a new NAR report, with younger millennials accounting for the biggest year-over-year drop.April 15, 2026
- Nearly 1 in 10 home shoppers open to renting or buyingAbout 8% of Zillow users search for rental and for-sale listings simultaneously, with the share increasing in many of the country’s priciest metros.April 14, 2026
- Housing market in a ‘psychological freeze’ as confidence fallsInflation rose 3.3% in March and consumer confidence has hit a new low. Plus, judge upholds quashed Fed subpoenas; White House pitches $10.7B cuts to HUD; more.April 10, 2026
- 5-week rate climb ends — but sustained drop is ‘unlikely’Though the housing market had some momentum earlier this year, economists now say a “fog of uncertainty” has settled over the spring homebuying season.April 9, 2026
- Iran ceasefire may not quell mortgage rate volatilityRates fell today, but even if the situation in the Middle East improves, it will take time for the U.S. economy — and the housing market — to get back on track.April 8, 2026
- Tariffs ‘on track to exacerbate’ US housing shortageA new congressional report estimates that there are nearly 60K fewer home construction jobs now than before the president introduced “Liberation Day” tariffs.April 8, 2026
- Housing market may have finally ‘turned a corner’Zillow reports an uptick in web traffic for home listings, while ICE finds that today’s market is “better supplied and more balanced than in recent years.”April 6, 2026
- Strong jobs report scores ‘small win’ for housing marketThe U.S. economy added 178,000 jobs in March, potentially bringing good news for household formation and mobility. But the momentum may not continue into April.April 3, 2026
- Older empty nesters still own about 1 in 4 large homesBaby boomers whose kids live elsewhere own about 28% of the nation’s large homes while millennial parents — who own about 16% — struggle for a slice of the pie.April 2, 2026
- Housing market in a ‘holding pattern’ as rates hit 7-month highHomebuyers and sellers appear to be hesitating, with mortgage application activity stalling as weekly average rates hit 6.46% following five weeks of increases.April 2, 2026
- Pocket listings really do sell for more — at least in DallasNew research analyzing 20 years of metro-area transactions found that homes sold off-market earned a 1.7% premium — but the findings may not apply elsewhere.April 1, 2026
- Real estate stock prices have taken a big hit in the past yearSome companies have seen their share prices drop by 30% — or more — over the past year amid sluggish housing market conditions and ongoing economic uncertainty.April 1, 2026
- 1 in 2 homes spent at least 60 days on market in FebruaryWeak buyer demand and high home prices are contributing to the trend of listings lingering on the market, according to new Redfin data.March 30, 2026
- Dozens of industry groups take issue with housing bill provisionHousing advocates back most of the 21st Century ROAD to Housing Act but worry that its limits on institutional investors will impact the build-to-rent space.March 27, 2026
- The ‘primary barrier’ to this spring’s homebuying seasonWeekly average mortgage rates just hit another 2026 high — but not all of the latest economic data spells doom and gloom for real estate’s busiest time of year.March 26, 2026
- A spring without sub-6% mortgages? Blame the war in IranRates fell below a key threshold in February, setting the stage for a more promising home-shopping season. Now, we could be stuck in a familiar, anemic pattern.March 25, 2026
- Some homes are getting cheaper, creating an entry point for buyersWhile the median price of an existing home has remained relatively flat, prices of new and manufactured homes have fallen since the pandemic-era buying frenzy.March 24, 2026
- Sellers outnumber buyers by largest margin in over a decadeThere were 46.3% more homesellers than buyers in the U.S. housing market in February, according to Redfin data — the largest gap since at least 2013.March 23, 2026
- Chair Powell has ‘no intention’ of leaving Fed until DOJ probe endsWith his replacement’s confirmation stalled, Powell could remain Fed chair for some time. Plus, “terrible timing” for mortgage rate surge; states sue HUD; more.March 21, 2026
