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re: Buyers Backing Out On Homes Due To New Rates

Posted on 3/31/22 at 12:39 pm to
Posted by deeprig9
2023/24 B2B GSB Riboff Champ
Member since Sep 2012
66412 posts
Posted on 3/31/22 at 12:39 pm to
If you can't afford a house at 4.8% you can't afford a house.
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
25494 posts
Posted on 3/31/22 at 12:47 pm to
quote:

If you can't afford a house at 4.8% you can't afford a house.
you mean rates that were available in 2015? Yup. People acting like 4.8 is a disaster
Posted by CP3LSU25
Louisiana
Member since Feb 2009
51150 posts
Posted on 3/31/22 at 2:31 pm to
quote:

you can't afford a house at 4.8% you can't afford a house.


People can’t afford a mortgage but they can afford a 85k vehicle with a 10 year loan in Lafayette.
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