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Mortgage rates are much lower than they were 10 years ago, though, meaning overall affordability of a 30 year mortgage hasn't changed that much. The tough part
by adevine 11y ago
Mortgage rates are much lower than they were 10 years ago, though, meaning overall affordability of a 30 year mortgage hasn't changed that much. The tough part is that rates are so low now, prices are on very shaky ground of rates start to rise, even a little bit.
- tracker1 11y agoThings need to shake up a little bit... 5+ years of >20% inflation even with the dip 5-6 years ago it's starting to get silly again... At least here in the phx area...