Low interest rates have helped offset the rise in home prices in smaller cities across the country and kept monthly mortgage payments in check. (moneysense.ca)
Next, it looked at median home prices in each city in order to calculate the typical monthly mortgage payment, assuming a 30 - year loan. (cnbc.com)
That's because continued inventory shortages and rising home prices in many parts of the country could start to make buying too hard for many households. (nar.realtor)