Redfin: Typical US monthly mortgage payment hits 14-month high at $2,641

Reuters2026/09/10 12:15

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Redfin flagged US homebuying costs at a 14-month high in the four weeks ended Sept. 6, 2026, pressuring demand.
Typical monthly mortgage payment rose to USD 2,641 as the median sale price increased 2.2% to USD 398,637; weekly average mortgage rate hit 6.71%.
Pending sales fell 2.1% year over year to 309,160, near the lowest level since February, as elevated costs sidelined buyers.
Supply edged higher, with active listings up 2.1% to 1.51 million; months of supply rose to 3.9, near balanced-market territory.
Sellers cut prices more often, with 20.8% of listings showing price drops; median days on market increased to 46.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redfin Corporation published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Redfin: Typical US monthly mortgage payment hits 14-month high at $2,641

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