Something big is happening in the housing market...

Charlie Bilello - Twitter, Released on 6/21/22

2 years ago, the 30-yr mortgage rate was 3.13% & the median existing home price in the US was $283k.

Today the 30-yr mortgage rate is 5.78% & the median existing home price is $408k.

With a 20% down payment, that's a 96% increase in the monthly payment (from $972 to $1,909).

- Charlie Bilello (@charliebilello) June 21, 2022

Something big is happening in the housing market... added by Herman James on 06/22/2022View all posts by Herman James ?+'