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Real Estate
Reply to "Where will mortgage rates go in the next 1-2 years?"
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[quote=Anonymous]In my non-expert opinion, I think 5-7% will be the new norm. Based on what? Just a feeling. I think it will stay this way for much of 2023. People will gradually get used to it and eventually buy because they need to or want to and are tired of waiting. If people accept it, what incentive is there to lower it? The rates have been fairly low for a while. [/quote]
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