Mortgage interest rates have nearly tripled in the span of just a couple of years amid inflation fears and strong economic growth.

  • agitatedpotato@lemmy.dbzer0.com
    link
    fedilink
    arrow-up
    1
    ·
    edit-2
    1 year ago

    Yeah there was an article that said national averages are down or slowing and maybe in the midwest but where I’m at a house purchased in early 2021 is evaluated at 30% more than purchase price. Copule that with interest rate rises and refi or buying that property doubles the monthly payment.