Homeownership Is Now A Lot Less Affordable As Mortgage Rates Reach 21-Year High

Source: https://www.youtube.com/watch?v=HgVw-sRpPgo
Published: Aug 17, 2023
Author: Horse
Post Date: 2023-08-17 19:33:34 by Horse
Views: 55


Poster Comment:

Median home price is $410,000 thanks to legal and illegal immigration. At 7.09% interest a 30 year mortgage payment would be $2,202 vs $1,358 a year ago. That assumes a 20% down payment $82,000!!

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