Monthly Mortgage Payments Drop in 12 of 50 U.S. Metro Areas -- Market Talk

Dow Jones

Apr 30, 2025

1027 ET - Monthly mortgage payments are dropping in 12 of the 50 most populous U.S. metro areas, with half in Florida or Texas, according to Redfin. Jacksonville, Fla., saw the largest decline, with payments falling 4.2% to $2,482 in March. San Francisco and Oakland followed, with payments down 3.5% to $10,054 and 2% to $6,638, respectively. Other metros with declines include Seattle, Portland, and additional Florida and Texas cities. The decreases stem from lower mortgage rates--down to 6.65% in March from 6.82% a year earlier--and flat or declining home-sale prices in nine metros, including Jacksonville and San Francisco. Slowing demand, driven by economic uncertainty, new tariffs, recession risks, and still-high mortgage rates, has kept prices in check. In Seattle, Nashville, and Denver, median home-sale prices rose less than 1% year-over- year. (chris.wack@wsj.com)

(END) Dow Jones Newswires

April 30, 2025 10:27 ET (14:27 GMT)

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Jacksonville, Fla., saw the largest decline, with payments falling 4.2% to $2,482 in March. San Francisco and Oakland followed, with payments down 3.5% to $10,054 and 2% to $6,638, respectively. Other metros with declines include Seattle, Portland, and additional Florida and Texas cities. The decreases stem from lower mortgage rates--down to 6.65% in March from 6.82% a year earlier--and flat or declining home-sale prices in nine metros, including Jacksonville and San Francisco. Slowing demand, driven by economic uncertainty, new tariffs, recession risks, and still-high mortgage rates, has kept prices in check. In Seattle, Nashville, and Denver, median home-sale prices rose less than 1% year-over- year. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 10:27 ET (14:27 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>Monthly Mortgage Payments Drop in 12 of 50 U.S. Metro Areas -- 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\">\nMonthly Mortgage Payments Drop in 12 of 50 U.S. Metro Areas -- 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\">2025-04-30 22:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1027 ET - Monthly mortgage payments are dropping in 12 of the 50 most populous U.S. metro areas, with half in Florida or Texas, according to Redfin. Jacksonville, Fla., saw the largest decline, with payments falling 4.2% to $2,482 in March. San Francisco and Oakland followed, with payments down 3.5% to $10,054 and 2% to $6,638, respectively. Other metros with declines include Seattle, Portland, and additional Florida and Texas cities. The decreases stem from lower mortgage rates--down to 6.65% in March from 6.82% a year earlier--and flat or declining home-sale prices in nine metros, including Jacksonville and San Francisco. Slowing demand, driven by economic uncertainty, new tariffs, recession risks, and still-high mortgage rates, has kept prices in check. In Seattle, Nashville, and Denver, median home-sale prices rose less than 1% year-over- year. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 10:27 ET (14:27 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":"BK6514","symbol_name":"零售商股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531059958","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531059958","pubTimestamp":1746023220,"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":"1027 ET - Monthly mortgage payments are dropping in 12 of the 50 most populous U.S. metro areas, with half in Florida or Texas, according to Redfin. Jacksonville, Fla., saw the largest decline, with payments falling 4.2% to $2,482 in March. San Francisco and Oakland followed, with payments down 3.5% to $10,054 and 2% to $6,638, respectively. Other metros with declines include Seattle, Portland, and additional Florida and Texas cities. The decreases stem from lower mortgage rates--down to 6.65% in March from 6.82% a year earlier--and flat or declining home-sale prices in nine metros, including Jacksonville and San Francisco. Slowing demand, driven by economic uncertainty, new tariffs, recession risks, and still-high mortgage rates, has kept prices in check. In Seattle, Nashville, and Denver, median home-sale prices rose less than 1% year-over- year. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6514":"零售商股","BK4548":"巴美列捷福持仓","M01.SI":"美罗","BK4079":"房地产服务","BK6130":"综合零售","RDFN":"Redfin Corp","BK6026":"百货商店"},"translate_title":"美国50个大都市区中有12个地区的每月抵押贷款付款下降——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RDFN":0.9,"M01.SI":1},"content_text":"1027 ET - Monthly mortgage payments are dropping in 12 of the 50 most populous U.S. metro areas, with half in Florida or Texas, according to Redfin. Jacksonville, Fla., saw the largest decline, with payments falling 4.2% to $2,482 in March. San Francisco and Oakland followed, with payments down 3.5% to $10,054 and 2% to $6,638, respectively. Other metros with declines include Seattle, Portland, and additional Florida and Texas cities. The decreases stem from lower mortgage rates--down to 6.65% in March from 6.82% a year earlier--and flat or declining home-sale prices in nine metros, including Jacksonville and San Francisco. Slowing demand, driven by economic uncertainty, new tariffs, recession risks, and still-high mortgage rates, has kept prices in check. In Seattle, Nashville, and Denver, median home-sale prices rose less than 1% year-over- year. (chris.wack@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  April 30, 2025 10:27 ET (14:27 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":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}