The 30-year fixed mortgages in this week’s survey had an average total of 0.31 discount and origination points. Discount points are a way to lower your mortgage rate, while origination points are fees lenders charge to create, review and process your loan.The national median family income for 2025 was $104,200, according to the U.S. Department of Housing and Urban Development, and the median price of an existing home sold in November 2025 was $409,200, according to the National Association of Realtors. Based on a 20% down payment and a 6.24% mortgage rate, the monthly payment of $2,013 amounts to about 23% of the typical family’s monthly income.

 

To continue reading the rest of the article, please click on the source link below;

https://www.bankrate.com/mortgages/analysis/mortgage-rates-january-7-2026/