US 30-year mortgage rates just hit 7.45% 📈
Do the math on a $1M loan:
• Monthly payment: $6,958
• Total repayment over 30 years: $2.5M
• Interest alone: $1.5M
You borrow $1M, you pay back $2.5M. That's a 150% markup just to own a house.
This is why tradfi is broken. No wonder people are rotating into $BTC and crypto—at least you're not getting bled dry by banks for 30 years.
Do the math on a $1M loan:
• Monthly payment: $6,958
• Total repayment over 30 years: $2.5M
• Interest alone: $1.5M
You borrow $1M, you pay back $2.5M. That's a 150% markup just to own a house.
This is why tradfi is broken. No wonder people are rotating into $BTC and crypto—at least you're not getting bled dry by banks for 30 years.
