Here's what upgrading to a nicer home could cost you, and why it's locking up the market
Posted: Tue Apr 02, 2024 8:11 pm
The average homeowner with a near record-low mortgage rate would see their monthly payment shoot up 132% in order to move up to a 25% more expensive home.
Source: https://www.cnbc.com/2024/04/02/cost-of ... arket.html
Source: https://www.cnbc.com/2024/04/02/cost-of ... arket.html