With mortgage rates still in the upper-mid 6% range, borrowers who received mortgages in May 2023 paid an average of $2,331 a month, up 20% 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 May 2023 received a loan worth about $364,094 at an average APR of 6.48%.
Hey there,
We had a big project launch this week, I will be in a better place next week to review our first month. Could we move our meeting details ⇒
BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com