[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f14cs317nbi8qe":3,"$f2emv3tus0uf1":55,"$fbwk2pqjjqsc7":59},{"item":4,"previous":43,"next":49},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":41,"updatedAt":42},96635,"the-280-shift-in-affordability-every-homebuyer-should-know","The $280 Shift in Affordability Every Homebuyer Should Know","\u003Cp>If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. \u003C\u002Fp>","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20251014\u002F20251016-Blog-Header-Image-original.png","\u003Cp>If you paused your plans to move because of high rates or prices, it may finally be time to take a second look at your numbers. \u003Cstrong>Affordability is \u003C\u002Fstrong>\u003Ca href=\"https:\u002F\u002Fblog.firstam.com\u002Feconomics\u002Faffordability-improves-for-fifth-straight-month-offering-a-glimmer-of-hope-for-the-housing-market\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cstrong>improving\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong> \u003C\u002Fstrong>in 39 of the top 50 markets, according to \u003Cem>First American. \u003C\u002Fem>And that’s the \u003Ca href=\"https:\u002F\u002Fblog.firstam.com\u002Feconomics\u002Faffordability-improves-for-fifth-straight-month-offering-a-glimmer-of-hope-for-the-housing-market\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cstrong>5th straight month\u003C\u002Fstrong>\u003C\u002Fa> where buying a home has started to get a little bit easier.\u003C\u002Fp>\u003Cp>Let’s break this down into real dollars, so you can see the difference this could make for you (and your move).\u003C\u002Fp>\u003Ch4>\u003Cstrong>Monthly Payments Are Coming Down\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>One of the clearest signs of this shift is in monthly payments. The latest data from \u003Cem>Redfin\u003C\u002Fem> shows \u003Cstrong>mortgage payments on a median-priced home are now $283 lower than they were just a few months ago \u003C\u002Fstrong>(\u003Cem>see graph below\u003C\u002Fem>):\u003C\u002Fp>\u003Cp>\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20251014\u002F20251016-Monthly-Payments-Are-Down-283-original.png\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cimg src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20251014\u002F20251016-Monthly-Payments-Are-Down-283-original.png\" alt=\"a graph of a graph of money\">\u003C\u002Fa>This kind of monthly savings adds up fast, and totals nearly \u003Cstrong>$3,400 over the course of a year\u003C\u002Fstrong>.\u003C\u002Fp>\u003Cp>While this isn’t enough to completely change the affordability game overnight, think about it this way. When you’re putting together a homebuying budget, a few hundred dollars could be the difference between being comfortable buying and feeling like money’s a bit tight.\u003C\u002Fp>\u003Cp>And from a home-search perspective, it could even be enough to change the price point you can look at. According to \u003Cem>Redfin\u003C\u002Fem>:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“A borrower with a $3,000 monthly budget can now afford a $468,000 home, about $22,000 more than in June.\"\u003C\u002Fem>\u003C\u002Fblockquote>\u003Cp>And that’s a big deal if you haven’t found a home you love in your price range yet. It gives you a little more flexibility to find the one that’s right for you.\u003C\u002Fp>\u003Cp>Either way, that’s a big win.\u003C\u002Fp>\u003Ch4>\u003Cstrong>What’s Behind the Shift?\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>Two key factors are working in your favor right now:\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cstrong>Mortgage rates have eased from their high earlier this year\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>\u003Cstrong>Home price growth is slowing in many markets\u003C\u002Fstrong>\u003C\u002Fli>\u003C\u002Ful>\u003Cp>Both of those things help your bottom line and give you a bit of breathing room if you’re buying a home. As Andy Walden, Head of Mortgage and Housing Market Research\u003Cem> \u003C\u002Fem>at \u003Cem>ICE Mortgage Technology\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fmortgagetech.ice.com\u002Fresources\u002Fdata-reports\u002Foctober-2025-mortgage-monitor\" rel=\"noopener noreferrer\" target=\"_blank\">says\u003C\u002Fa>:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“The recent pullback in rates has created a tailwind for both homebuyers and existing borrowers. \u003C\u002Fem>\u003Cstrong>\u003Cem>We’re seeing affordability at a 2.5-year high . . .”\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fblockquote>\u003Cp>Whether you’re a first-time homebuyer or someone looking to move-up into a bigger house, the shifts happening this year could make your move possible. Connect with a trusted agent or lender to see what your monthly payment would look like at today’s rates.\u003C\u002Fp>\u003Cp>\u003Cstrong>For you, the savings could be the difference between “not yet” and “let’s go.”\u003C\u002Fstrong>\u003C\u002Fp>","\u003Cp>\u003Cstrong>Affordability is improving in many markets. And that resets the math on your move.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>If you’ve been sitting on the sidelines, this is your cue to start looking again. Let’s run the local numbers together so you can get a rough estimate of how much more buying power you may have than you did just a few months ago.\u003C\u002Fp>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20251014\u002F20251016-Monthly-Payments-Are-Down-283-original.png",false,[17,21,25,29,33,37],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers",{"id":26,"name":27,"slug":28},35,"Mortgage Rates","mortgage-rates",{"id":30,"name":31,"slug":32},38,"Move-Up","move-up",{"id":34,"name":35,"slug":36},322,"Affordability","affordability",{"id":38,"name":39,"slug":40},323,"Buying Tips","buying-tips","2025-10-16T10:30:00Z","2025-10-16T10:30:12Z",{"id":44,"slug":45,"title":46,"featuredImage":47,"publishedAt":48,"contentType":10,"isVideo":15},96617,"2026-housing-market-outlook","2026 Housing Market Outlook","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20251014\u002F20251015-Blog-Header-Image-original.png","2025-10-15T10:30:00Z",{"id":50,"slug":51,"title":52,"featuredImage":53,"publishedAt":54,"contentType":10,"isVideo":15},96655,"is-the-housing-market-going-to-crash-heres-what-experts-say","Is the Housing Market Going To Crash? Here’s What Experts Say","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20251014\u002F20251020-Blog-Header-Image-original.png","2025-10-20T10:30:00Z",{"cover":56,"open":57,"shareSpread":58},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[60,64,68,69,73,77,81,82,86,87,88,92,96,100,104,108,112,116,120,124,128,132,133,134,138,142,146,150,154,158],{"id":61,"name":62,"slug":63},1,"Uncategorized","uncategorized",{"id":65,"name":66,"slug":67},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":70,"name":71,"slug":72},7,"Foreclosures","foreclosures",{"id":74,"name":75,"slug":76},8,"Infographics","infographics",{"id":78,"name":79,"slug":80},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":83,"name":84,"slug":85},34,"Senior Market","senior-market",{"id":26,"name":27,"slug":28},{"id":30,"name":31,"slug":32},{"id":89,"name":90,"slug":91},41,"For Sale by Owner","for-sale-by-owner",{"id":93,"name":94,"slug":95},42,"Featured","featured",{"id":97,"name":98,"slug":99},45,"New Construction","new-construction",{"id":101,"name":102,"slug":103},52,"Luxury \u002F Vacation","luxury--vacation",{"id":105,"name":106,"slug":107},53,"Rent vs. Buy","rent-vs-buy",{"id":109,"name":110,"slug":111},80,"Time-sensitive","time-sensitive",{"id":113,"name":114,"slug":115},81,"Outdated","outdated",{"id":117,"name":118,"slug":119},147,"Internal","internal",{"id":121,"name":122,"slug":123},148,"Do Not Autopost","do-not-autopost",{"id":125,"name":126,"slug":127},320,"Inventory","inventory",{"id":129,"name":130,"slug":131},321,"Agent Value","agent-value",{"id":34,"name":35,"slug":36},{"id":38,"name":39,"slug":40},{"id":135,"name":136,"slug":137},324,"Downsize","downsize",{"id":139,"name":140,"slug":141},325,"Economy","economy",{"id":143,"name":144,"slug":145},326,"Equity","equity",{"id":147,"name":148,"slug":149},327,"Forecasts","forecasts",{"id":151,"name":152,"slug":153},328,"Selling Tips","selling-tips",{"id":155,"name":156,"slug":157},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":159,"name":160,"slug":161},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]