A row of homes in suburban Dallas, Texas.
Dallas, Texas' population is expected to more than double from 2020 to 2029.
  • The percentage of Americans paying $2,000 a month for a home mortgage has skyrocketed in two years.
  • In 2021, the figure stood at 18%. This July it hit 51%, Black Knight data showed.
  • Almost one in four homebuyers in July had payments above $3,000.

The housing market remains unaffordable for many Americans, and high mortgage rates in particular present an expensive headwind. 

Data released by mortgage data and analytics firms Black Knight on Wednesday shows just how pricey it's getting for many US home buyers.