10 years ago: 30-yr mortgage rate was 3.4% & median existing home price in the US was $243k
Today: 30-yr mortgage rate is 6.7% & median existing home price is $434k
Result: $38k increase in down payment (assume 20% down) & 160% increase in monthly payment (from $862 to $2,240)…
pic.twitter.com/G95vQjK6Wk
— Charlie Bilello (@charliebilello)
August 24, 2026