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Real Estate
Reply to "Mortgage rates are set to stay elevated"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If mortgage rates go down, expect home prices to shoot up even more.[/quote] Hasn't the past year or two taught us that the relationship between rates and prices is not very clear? Everyone said prices would come down if rates went up, and that never happened.[/quote] DP here, true but if rates go down then people could suddenly afford what they were priced out of the year or two. Many will jump on the chance to buy.[/quote]
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