You are now paying $222 more per month on a $250,000 home than in 2020.
You are now paying $444 more per month on a $500,000 home than in 2020.
And this money is not going to a better house but ONLY to the bank in interest.
So, this is one of the things cooling the house buying market nationwide right now.
Quotes from CNN Newsroom with Ana Cabrera on Tuesday August 16th 2022 at around 1:23pm ET
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