Oct 24, 2025
The $280 Shift in Affordability Every Homebuyer Should Know
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Affordability is significantly improving in the housing market, a shift every homebuyer should note. Mortgage payments on a median-priced home are now roughly $283 lower per month than they were just a few months ago, adding up to nearly $3,400 in annual savings. This improvement is driven by a combination of easing mortgage rates and slowing home price growth, leading to the 5th straight month of improved affordability in many top markets. This shift translates directly to increased buying power, allowing a buyer with a typical monthly budget to afford a home that is about $22,000 more expensive than before. The key takeaway is that for those who paused their home-buying plans due to high costs, now is the time to re-evaluate their financial numbers with a trusted agent or lender. Read More