Mississippi Homebuyers Hit Harder: Mortgage Payments Surge Nearly 50% Since 2020
Prospective homebuyers in Mississippi are facing a significantly steeper challenge compared to just a few years ago, as mortgage payments have surged by nearly 48.5% since 2020. Driven by a combination of rising home prices and higher interest rates, the average monthly mortgage payment in the state has jumped from $906 to about $1,345. Mississippi,…