The media U.S. mortgage payment was down nearly $400 in December from its October peak, enticing some homebuyers back into the market, according to a Thursday report from real estate group Redfin. The median mortgage payment was $2,361 for the four week period ending in Dec. 31, Redfin found. That’s $372, or 14 percent, less than it was in October and the lowest average monthly payment in nearly a year. The weekly average mortgage rate, which hit a 23-year high of 7.79 percent in October, also fell to 6.61 percent at the end of December after the Federal Reserve signaled interest rate cuts ahead in 2024. “There have been more tours and more offers on my listings since mortgage ra
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