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re: The average 30-year fixed mortgage rate jumps to 7.50%

Posted on 4/16/24 at 1:46 pm to
Posted by GoCrazyAuburn
Member since Feb 2010
35010 posts
Posted on 4/16/24 at 1:46 pm to
And housing prices are still absurd.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21387 posts
Posted on 4/16/24 at 1:48 pm to
quote:

And housing prices are still absurd.


People need to quit buying at those prices. Of course they should also ban/limit corporations from buying homes as well.
Posted by mule74
Watersound Beach
Member since Nov 2004
11330 posts
Posted on 4/16/24 at 6:06 pm to
quote:

And housing prices are still absurd.


Because people locked in at 2.5% aren’t going to sell unless they get enough money to buy the next home in cash.
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