The monthly mortgage payment needed to afford the median home for sale in the US has increased 50% over the last year ($1,698 --> $2,547) to a record high as mortgage rates have moved from 3.01% to 6.70%.https://t.co/5y4eQREQAF pic.twitter.com/4kytvOdNp4

— Charlie Bilello (@charliebilello) September 30, 2022