Regions Business
5:42 am today
The rise of the million-dollar mortgage
5:42 am today
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It's more common than people might think.
Regions Business
5:42 am today
The rise of the million-dollar mortgage
5:42 am today
Share via email

Meanwhile, more than 130,000 people now have a mortgage over $1m, according to the latest figures on the country's debt.

A recent update by credit bureau Centrix shows the number of people with a mortgage larger than $1 million has increased 15 per…

A softer market is opening doors, but getting in early can add thousands to a mortgage.

She also explained why people should be cautious

A record 242 cities now have typical starter homes worth at least $1 million.

If home prices continue rising at an annual pace of 3% to 4%, $1 million could become the new threshold for homeownership, NAR's…