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> and home prices have soared nearly 20% I wonder if they're able to discount this because the low interest rates mean that monthly payments have not increased
by AlexandrB 5y ago
> and home prices have soared nearly 20%
I wonder if they're able to discount this because the low interest rates mean that monthly payments have not increased 20% for most mortgage borrowers.
- caeril 5y agoIf you're talking YoY numbers, which we are, this would actually work against home buyers because rates are higher now than they were a year ago.