09/22/2026
Have payments on newly purchased homes in the U.S. dropped?
I’m always watching the numbers for homebuyers, and here’s the latest: the national median mortgage payment for new home purchases has dipped to $2,175. While that’s a welcome shift, it’s still 2.2% above last year’s figure, with average mortgage rates sitting at 6.66%. If you’re curious about affordability, Idaho and Nevada currently top the list as least affordable states, while Louisiana and North Dakota offer the most budget-friendly options. As someone who’s helped buyers and investors navigate changing markets across Central Kentucky for over two decades, I know how important it is to track these trends—especially for those balancing personal needs, investment goals, and local opportunity.