Have a mortgage? Thank Joe for being broke...

Typical mortgage payments soar $337 in just 

SIX WEEKS as interest rates near 7%... 

This is what happens when you pump three trillion dollars in to an economy for no good reason. The points he may have scored aren't worth the damage he's done in just two short years.

The average US homeowner saw their monthly mortgage payment rise by 15 percent or $337, according to a shocking new report from Redfin. The report goes on to say that the rising mortgage rates of around seven percent are the highest since July 2007 shortly before crash that triggered the great recession. This is causing potential homebuyers to get cold feet and decide not to buy in the current market. 

 

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