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