BREAKING: The median mortgage payment in the United States hit a new record high of $2,894 per month, for May 2024 (that's an increase of +14% from 2023, +23% from 2022, and +78% from 2021), per Redfin.
A 30yr fixed rate mortgage under 3% is basically an asset at this point 😄
and the house is the liability
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Correct
