re: Mortgage rates fall below 7% for the first time in months

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Lower rates will cause increases for sure. Only inventory increases can help lower prices

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Inventory increases will be difficult unless they are new homes because lots of people still sitting in their current homes on 30 year rates between 2 and 4 % from a few years ago. I think the magic number to finally get these people to start moving would be between 4 and 5 percent.