Alabama Gazette

7/5/2026

Alabama, United States

The hidden costs causing monthly housing payments to rise

The hidden costs causing monthly housing payments to rise When people think about buying a home, the focus is on price, down payments, and the interest rate. But a growing share of today’s housing payment isn’t going toward building equity at all. In many U.S. metros, property taxes and homeowners insurance can consume more than one-third of the average monthly mortgage payment — and in some cases...

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