AND WHO IS PAYING for the #MONEY_PRINTING like #PROSTITUTES for LAST 2 DECADES??..
#WE_ARE!??
DID (YOU) AMERICAN CITIZENS #VOTE FOR THIS??
300,000 residential home
6.0% Interest Rate
+ 25 basis points INCREASE March 17, 2022
Monthly Pay: $1,847.15 @ 6.0%
Monthly Pay: $1,798.65 @ 6.25%
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$49.05 Monthly payment increase @ 6.25%
______________________________
300,000 residential home
6.25% Interest Rate
+ 50 basis points INCREASE May 5, 2022
Monthly Pay: $1,945.79 @ 6.75%
Monthly Pay: $1,847.15 @ 6.25%
------------------------
$98.64 Monthly payment increase @ 6.75%
______________________________
300,000 residential home
6.75% Interest Rate
+ 75 basis points INCREASE June 16, 2022
Monthly Pay: $2,097.64 @ 7.50%
Monthly Pay: $1,945.79 @ 6.75%
------------------------
$151.85 Monthly payment increase @ 7.50%
______________________________
300,000 residential home
7.50 Interest Rate
+ 75 basis points INCREASE July 27, 2022
Monthly Pay: $2,253.80 @ 8.25%
Monthly Pay: $2,097.64 @ 7.50%
------------------------
$156.18 Monthly payment increase @ 8.25%
_____________________________
300,000 residential home
7.50 Interest Rate
+ 75 basis pionts INCREASE SEPT 21, 2022
Monthly Pay: $2,413.87 @ 9.00%
Monthly Pay: $2,253.80 @ 8.25%
------------------------
$160.07 Monthly payment increase @ 9.00
______________________________
AVERAGE accumulative monthly mortgage payment increases??
* $49.05 Monthly payment increase March 17, 2022
* $98.64 Monthly payment increase May 5, 2022
*$151.85 Monthly payment increase June 16, 2022
* $156.18 Monthly payment increase @ 8.25 JuLY 27, 2022
* $160.07 Monthly payment increase @ 9.00 SEPT 21, 2022
_______________________
SUMMARY
Monthly payment increase @ 9.00% SINCE MARCH 17, 2022
On a 300K Residential home you monthly mortgage payment has increased from $1,847.15 @ 6.0% TO Monthly Pay:$2,413.87 @ 9.00% WHICH EQUALS $160.07
IF YOU OWN A HOME THATS COST 600k ($160.07 X 2) = $320.14 per month INCREASE??
#RECESSION OR #DEPRESSION?? considering the RISE in Food, Gas PRICES, Medical Expenses, Day Care PRICES and the list goes on...
BUT CANNOT MISS #USERY BY #CREDIT_CARD COMPANIES @ 30% INTERESTS RATES (EG #BEST_BUY NEEDS TO BE RENAMED TO #WORST_BUY! ON THE PLANET!)
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