U.S. Monthly Housing Payments Hit All-Time High -- Market Talk

Dow Jones

Mar 27

1008 ET - The average U.S. homebuyer's monthly payment reached a record $2,807 in late March, up 5.3% from last year, Redfin says. Rising sale prices--up 3% annually--and mortgage rates averaging 6.67%--double pandemic lows--are driving the surge. Though rates fell from January's 7.04%, high costs still stifle sales, with pending home sales down 4.6%. But spring seems to be sparking activity: mortgage applications hit a seasonal peak since February, home tours outpace last year, and "homes for sale" searches have soared. New listings jumped 7.5%, the biggest rise in 2025. If listings grow and rates drop, pending sales could rebound. Redfin agents have said that some buyers are negotiating successfully despite high prices. (chris.wack@wsj.com)

(END) Dow Jones Newswires

March 27, 2025 10:08 ET (14:08 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2522044963"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2522044963\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2522044963?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-27 22:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2522044963","market":"sg","top_or_hot":-1,"title":"U.S. Monthly Housing Payments Hit All-Time High -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1008 ET - The average U.S. homebuyer's monthly payment reached a record $2,807 in late March, up 5.3% from last year, Redfin says. Rising sale prices--up 3% annually--and mortgage rates averaging 6.67%--double pandemic lows--are driving the surge. Though rates fell from January's 7.04%, high costs still stifle sales, with pending home sales down 4.6%. But spring seems to be sparking activity: mortgage applications hit a seasonal peak since February, home tours outpace last year, and \"homes for sale\" searches have soared. New listings jumped 7.5%, the biggest rise in 2025. If listings grow and rates drop, pending sales could rebound. Redfin agents have said that some buyers are negotiating successfully despite high prices. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 27, 2025 10:08 ET (14:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Monthly Housing Payments Hit All-Time High -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Monthly Housing Payments Hit All-Time High -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-27 22:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1008 ET - The average U.S. homebuyer's monthly payment reached a record $2,807 in late March, up 5.3% from last year, Redfin says. Rising sale prices--up 3% annually--and mortgage rates averaging 6.67%--double pandemic lows--are driving the surge. Though rates fell from January's 7.04%, high costs still stifle sales, with pending home sales down 4.6%. But spring seems to be sparking activity: mortgage applications hit a seasonal peak since February, home tours outpace last year, and \"homes for sale\" searches have soared. New listings jumped 7.5%, the biggest rise in 2025. If listings grow and rates drop, pending sales could rebound. Redfin agents have said that some buyers are negotiating successfully despite high prices. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 27, 2025 10:08 ET (14:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4079","symbol_name":"房地产服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2522044963","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522044963","pubTimestamp":1743084480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1008 ET - The average U.S. homebuyer's monthly payment reached a record $2,807 in late March, up 5.3% from last year, Redfin says. Rising sale prices--up 3% annually--and mortgage rates averaging 6.67%--double pandemic lows--are driving the surge. Though rates fell from January's 7.04%, high costs still stifle sales, with pending home sales down 4.6%. But spring seems to be sparking activity: mortgage applications hit a seasonal peak since February, home tours outpace last year, and \"homes for sale\" searches have soared. New listings jumped 7.5%, the biggest rise in 2025. If listings grow and rates drop, pending sales could rebound. Redfin agents have said that some buyers are negotiating successfully despite high prices. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4079":"房地产服务","RDFN":"Redfin Corp","BK4548":"巴美列捷福持仓"},"translate_title":"美国每月住房付款创历史新高——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RDFN":0.9},"content_text":"1008 ET - The average U.S. homebuyer's monthly payment reached a record $2,807 in late March, up 5.3% from last year, Redfin says. Rising sale prices--up 3% annually--and mortgage rates averaging 6.67%--double pandemic lows--are driving the surge. Though rates fell from January's 7.04%, high costs still stifle sales, with pending home sales down 4.6%. But spring seems to be sparking activity: mortgage applications hit a seasonal peak since February, home tours outpace last year, and \"homes for sale\" searches have soared. New listings jumped 7.5%, the biggest rise in 2025. If listings grow and rates drop, pending sales could rebound. Redfin agents have said that some buyers are negotiating successfully despite high prices. (chris.wack@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 27, 2025 10:08 ET (14:08 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}