• tal@lemmy.today
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    9 months ago

    googles.

    https://www.rocketmortgage.com/learn/average-mortgage-payment

    According to the National Association of REALTORS® (NAR) in 2022 the average monthly mortgage payment was $2,317. In comparison, the median mortgage payment for Q2 of 2023 was $2,051 for a mortgage on a single-family home.

    Yeah, that has to have either people who rent or have a paid-off house pulling things down, since the typical mortgage payment alone is more than that, absent any other forms of debt.