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Mortgage Costs Skyrocket

Updated: Apr 28, 2022

In the Boston area, compared to last year homebuyers are paying 31 percent more for mortgage payments on a “typical home,” defined as a 30-year, fixed-rate mortgage with a 20 percent down payment, according to Zillow’s March Real Estate Market Report. Nationally, mortgage payments are up 20 percent in the last three months.

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