Mortgage payments rose in April, but so did incomes
Briefly

With mortgage rates still in the mid 6% range, borrowers who received mortgages in April 2023 paid an average of $2,343 a month, up 28% from a year prior.That's according to the latest origination data from mortgage tech firm Candor Technology.Per data from Candor's underwriting engine, the average buyer in April 2023 received a loan worth about $366,000 at an average APR of 6.5%.
Read at HousingWire
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