While home prices are still steep, interest rates have fluctuated more recently.
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The top six states in this ranking have an average monthly
Read more about the 20 states with the highest average monthly mortgage payment.
Homeowners in areas affected by Hurricane Sandy have already seen growth in their property values lag behind the national median.
Those born between 1997 and 2012 will go from making up a scant 6% of today's market to a 25% share by 2028, and mortgage lenders need to be ready to serve them.
Some lenders are once again hiring mortgage lenders, but memories of the painful staffing cuts they were forced to make over the past two years remain top of mind.
As the majority of mortgage firms today report profits, warehouse lenders are likely encouraging the stragglers to make a move.
In October's mortgage roundup, learn more about Fairway's legal battles over redlining and overtime shortcomings, the Federal Housing Finance Agency's updates to rules on appraisals and waiver access and more.
The two-day intrusion into the lender and servicer's systems in August may have compromised customers' Social Security numbers.
