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Real Estate
Reply to "Americans locked into lower mortgage rates have been increasingly unwilling to sell their homes."
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[quote=Anonymous]Home prices are up five month straight. It is irrelevant rates. Look I bought my first home in early 2000 with a 7.75 mortgage. I only could afford a certain monthly payment. To do that I put 40 percent down. If rates were 3.75 I could have put down 20 percent. I also bought my starter in a second tier neighborhood, small home that need work. That is how the world worked up to 2020 when crazy crazy low rates happen. We are going back to normal. [/quote]
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