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re: Mortgage demand from homebuyers drops to a 28-year low
Posted on 8/23/23 at 2:22 pm to SlowFlowPro
Posted on 8/23/23 at 2:22 pm to SlowFlowPro
quote:
I have to imagine it just depends on how many people bought too big of a house with little down and is now way underwater. That equity delta could hurt some people unless this is their forever home.
There isn’t a significant population underwater after buying a home in 2020. They would be the exception. Even so, that 2.5% interest sure is sweet.
Posted on 8/23/23 at 3:14 pm to Artificial Intel
quote:
There isn’t a significant population underwater after buying a home in 2020.
*Yet
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