• @[email protected]
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    fedilink
    82 years ago

    Mortgage rates have returned to an average range. Still lower than they were in the 90s.

    Your payment isn’t doubled because of rates, it’s because of high demand areas.

    • GrayoxOP
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      fedilink
      32 years ago

      Thats untrue, it isnt because of the demand (News flash there is always demand for housing) it is because of the increase in the intrest rate of the loan. Monetary policy trying to reign in inflation that isn’t actually inflation, but corporations taking profits at exorbitant levels while the average citizens can barely make ends meet.