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re: Housing prices and Interest rates

Posted on 10/11/23 at 10:51 pm to
Posted by slackster
Houston
Member since Mar 2009
85490 posts
Posted on 10/11/23 at 10:51 pm to
quote:

Before Covid the lowest mortgage rates were 3.6%. The mortgage rates today are about the same as when I bought my first house in 2010. The low rates during Covid are the exception, not the rule.


Rates today are 50% higher than they were at their peak in 2010.
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