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Collision Resistance@lemm.ee to World News@lemmy.mlEnglish · 2 years ago

Average long-term U.S. mortgage rate reaches 7.49 percent, highest level in over two decades

www.pbs.org

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Average long-term U.S. mortgage rate reaches 7.49 percent, highest level in over two decades

www.pbs.org

Collision Resistance@lemm.ee to World News@lemmy.mlEnglish · 2 years ago
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The cost of financing a home surged again this week, further dimming the affordability outlook for many would-be homebuyers.
  • ryannathans
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    2 years ago

    Income isn’t inflating at anywhere near the same rate as inflation or interest though

    • TonyTonyChopper@mander.xyz
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      2 years ago

      yeah asking for a 7% raise every year is nuts. But it shouldn’t be.

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