memes.cjtrowbridge.com

llama-3.2-vision

This meme is a graph showing the monthly mortgage payment for a $200,000 home, with a significant increase in 2022. The text "Inflation: 1.7%, Mortgage Interest Rates: 5.3%" appears above the graph, and "Inflation: 1.7%, Mortgage Interest Rates: 5.3%" is also written in the bottom left corner. The graph shows a steady increase in mortgage payments, but the 2022 line is a sharp spike, indicating a significant increase in mortgage interest rates.

first-seen

2023-12-17T06:04:27+00:00

tesseract

Monthly mortgage payment on typical home MLS HPI benchmark price, 80% LTV, 30-yr am, avg 5-yr mortgage rate $3,250 $3,000 $2,750 $790 increase in 6 months $2,500 $2,250 $2,000 $1,750 $1,500 $1,250 $1,000 Ss Sg gr BP gr gt s * s * * s s Source: CREA, MortgageLogic.news, author's calculations