Full Breakdown
Mortgage Payments Slip in Select U.S. Cities, While Others Rise, 2025 Report Shows
4/27/2026, 12:00:59 PM
Nationwide Mortgage Payment Decline in 2025
A LendingTree analysis released in early 2025 indicates that the average monthly mortgage payment across the United States fell from $1,990 in 2024 to $1,942 in 2025, a modest $48 reduction. The report frames the change as progress amid broader price pressures. The study, published by mortgage marketplace LendingTree, provides the national figures.
Context: Rising Home Prices and Cost-of-Living Pressures
The same analysis notes that home prices have continued to climb in recent years, while consumers face higher expenses for gasoline, groceries, and other everyday items. The report cites rising costs for gasoline, groceries, and general living expenses as part of the broader economic backdrop. This juxtaposition of rising purchase prices with a slight easing of monthly mortgage outlays forms the backdrop for the city-level findings.
City-Level Changes: Largest Decreases and Increases
Among the 20 major cities examined, Fresno, California recorded the steepest decline, with payments dropping 17.5% from $2,414 to $1,992. North Port, Florida followed closely with a 17.4% reduction, and both Winston-Salem, North Carolina and San Antonio, Texas posted 15.6% cuts. Texas and Florida together contributed nine of the top-20 cities experiencing sizable declines.
Conversely, Akron, Ohio experienced the greatest increase, with payments rising 10.7%; Toledo, Ohio followed with a 9.7% rise. Other cities with notable upward movement included Augusta, Georgia (8.9% increase), Charleston, South Carolina (6.7%), Hartford, Connecticut (6.2%) and Savannah, Georgia (6.2%).
Implications for Homeowners
The downward shifts in Fresno, North Port, Winston-Salem and San Antonio suggest a modest easing of monthly housing costs for residents in those markets, potentially offsetting the impact of higher home prices and broader cost-of-living increases. In contrast, the upward trends in Akron, Toledo and several southeastern cities may intensify affordability challenges for borrowers in those locales. These shifts may influence borrowers' decisions on refinancing or home purchase timing.
LendingTree Findings and Official Summary
LendingTree’s report characterizes the national decline as “progress nonetheless,” emphasizing that the overall reduction, while not large, signals a movement in the right direction. The organization also highlights the geographic concentration of payment drops in Texas and Florida, and the concentration of increases in Ohio and select eastern states.
Future Monitoring and Access to Full Data
The full study, which lists all 20 cities and provides additional regional details, is available on LendingTree’s website. The data set includes city-level payment changes and can be filtered by region. Homebuyers and current mortgage holders are encouraged to consult the study for localized information on payment trends.
Conflicting Reports & Gaps
The article does not present alternative data sources or contradictory figures; therefore, no discrepancies are identified within the available information.
