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Briefing: Mortgage payments are down 7.7% from a year ago — and buying power is up $30K. 5 questions to ask yourself before you buy

Strategic angle: Explore the implications of decreased mortgage payments and increased buying power in today's market.

Editorial Staff · 2026-03-15 · 1 MIN READ

Mortgage payments have decreased by 7.7% compared to last year.

Homebuyers now have an additional $30,000 in buying power.

Consider your financial situation before making a purchase.

Evaluate the long-term implications of your mortgage choice.

Stay informed about market trends and interest rates.