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Home Prices Hit Record High Even As Mortgage Rates Soared (www.breitbart.com)

posted 1 year ago by brain_dead 1 year ago by brain_dead +45 / -0

Home Prices Hit Record High Even As Mortgage Rates Soared

The highest mortgage rates in 23 years were not enough to keep home prices from rising. | Economy

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– DeepFakePonySoldier 6 points 1 year ago +6 / -0

People are “rate locked”. They have the super low interest rate loans that were available a short time ago, they can’t afford to move because they would have to trade those low interest loans for the current high interest loans. The only homes coming on the market in my area are estate homes of elderly who have passed away.

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– russiah 4 points 1 year ago +4 / -0

Another reason we need Trump back. Not that we need any more reasons

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– mjs001 4 points 1 year ago +4 / -0

I love my 1.99% mortgage.

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– russiah 1 point 1 year ago +1 / -0

30y or 15y? That’s probably the lowest I’ve heard

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