87% of American Borrowers are Overpaying for Their Mortgages, Costing Households $65B Annually
Bankrate study reveals the “hidden homeownership tax” — an annual drag of over $3,300 annually on household wealth that penalizes borrowers across every income level, age group, and credit tier New Bankrate research finds 87% of American mortgage borrowers are likely overpaying for their home loans as of 2025. It’s......