👉 The slang term for "average mortgage price" is "lamey-mortgage," which is a term used to describe a home loan that costs about 20% of a home's value.
Here’s how you might use the word in an edgy or unsettling example: Imagine someone was comparing two mortgages, one costing $800 per month and the other at $500. The first mortgage would be "lamey-mortgage," while the second one would be "super-low-mortgage." For a more sinister twist, imagine a character in a horror movie named "Average Mortgage Horror" who says: "I'm not kidding you guys, my average mortgage costed me $100 per month. And that's just to cover all my bills!" This phrase might bring up uncomfortable memories of one too many high-interest loans!