Charlie Bilello(@charliebilello):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) Video:

Charlie Bilello

@charliebilello

Chief Market Strategist @ Creative Planning Investor | Writer | Reader | Thinker Trying to become a little wiser every day.

Joined May 2013

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Charlie Bilello@charliebilello

2026.08.24 02:38

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) Video: