ICE Mortgage Monitor: The Impact of "Golden-Handcuffs" on Mortgage Payments

Press Release: ICE Mortgage Monitor: Trading Up to a 25% More Expensive Home Would More Than Double the Average Mortgage Holder’s Payment

• From 2000 to 2022, upgrading to a 25% more expensive home would have required the average homeowner to increase their principal and interest payment by roughly 40%, or about $400 per month

• Today, that same trade-up bu…