According to Redfin, a national property brokerage, the typical U.S. homebuyer's monthly housing payment reached a record high of $2,807 in March 2025, marking a 5.3% increase from the previous year. The surge in housing costs stems from two key factors: rising sale prices and elevated mortgage rates. The median home-sale price has climbed 3% year over year, while the average weekly mortgage rate sits at...