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High interest rates also push up demand by keeping more people stuck as renters who would rather buy a home.
by dublinben 2y ago
High interest rates also push up demand by keeping more people stuck as renters who would rather buy a home.
- criddell 2y agoWhat is considered to be a high interest rate? Looking at this[1] chart, it looks like rates right now are close to average for the past 50 years or so. https://fred.stlouisfed.org/series/MORTGAGE30US https://fred.stlouisfed.org/series/MORTGAGE30US