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Mortgage rate misconception abounds

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Mortgage Professional America | 12 Dec 2013, 04:02 AM Agree 0
Prospective homebuyers may be in for a nasty shock if the mortgage market ever returns to its pre-crisis rates. After a few years of super-low rates, a vast majority of homebuyers think sub-5% mortgage interest rates are normal
  • Paul | | 12 Dec 2013, 09:29 AM Agree 0
    In a society plagued by immediate gratification and leaning towards fatal entitlement, what would you expect? Of course anything beyond 5% is ludicrous. Our entire economic system is running on fumes, governed by the empty-headed.
  • Dan | | 12 Dec 2013, 10:18 AM Agree 0
    Well stated Paul, especially the last sentence.
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