Monthly mortgage payments are dropping in these major U.S. cities, says new report

(NEXSTAR) – It seems like everything is getting more expensive. Gas, groceries, just the general cost of living, it’s getting out of hand and hard to keep up with.

Although home prices have climbed in recent years, the average monthly mortgage payment has fallen since 2024, according to a new report from LendingTree.

The report found that in 2025, the average monthly mortgage payment across the country dropped from $1,990 to $1,942.

While not a significant decrease, it’s progress nonetheless, and some major U.S. cities saw even greater decreases.

At the top of the list was Fresno, California, which had a 17.5% drop in monthly mortgage payments. Going from $2,414 per month in 2024 to $1,992 in........

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