Buying Costs Mount This Spring

Are you looking to purchase this spring? The combination of increasing prices and rates is making the price tag steeper.
The average monthly mortgage payment has risen by $168, or 12.7 percent, year-over-year, according to an analysis by realtor.com®. The average monthly mortgage is now $1,486, up from $1,318 in February of last year.
Concurrently, 30-year interest rates have gone up meteorically, and list prices are up 10 percent (on realtor.com); however, climbing prices are the primary re