Mortgage payments up 46.4% in Houston, as housing affordability hits 15-year low

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Mortgage payments up 46.4% in Houston, as housing affordability hits 15-year low Mortgage payments up 46.4% in Houston, as housing affordability hits 15-year low

Houston mortgage payments have grown 46.4%, as housing affordability hits a 15-year low, according to a new report. Zillow’s latest market report found rising mortgage costs, along with skyrocketing prices and interest rates have made mortgages less affordable than they’ve been since 2007. The hit to affordability has lessened demand, eased price growth, slowed sales […] The post Mortgage..
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