Mortgage costs, skyrocketing home prices and interest rate hikes have made mortgages the least affordable since the Bush administration.
Nationally, mortgage rates have increased by nearly 6% in early June.
The data shows that a new purchase of a typical U.S. home at this rate would mean monthly mortgage payments of $2,127, which is 51% higher than a year ago and up 36% year to date.
"Mortgage rates took an unprecedented leap skyward over the past two weeks and quickly multiplied housing costs…
