Monthly mortgage payments soar to record high

Are banks too cautious? Dutton reignites credit debate

Peter Dutton’s mortgage plan could have real-world effects on how much you can borrow from a bank, and for the housing market.

Mary Holm: I’m spending half my pay on my mortgage and I’m struggling to save

Q: I have been following your advice to pay my mortgage off as quickly as possible since selling and buying a new home mid last year. I spend about 50% of my...

While mortgage rates remain high and the housing inventory remains low, prices for acquiring a property are rising in the United States. As a result, owners must allocate a significant portion of their monthly income to cover their mortgage payments. Without going further, a recent analysis revealed that, on average, owners need to work ten days a month to face this expense.The financial burden of the mortgage in the United States.According to R…

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MORTGAGE CONCERNS: Here’s why more homeowners could face mortgage payment defaults

Homeowners are encouraged to consider the risk of not being able to afford their future mortgage payments, writes Peter Watson.

How much you need to work to afford mortgage payments in each state

Homeowners in Hawaii need to work the highest number of days per month to afford their mortgage payments.