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Morning Briefing: 8 in 10 prospective buyers worried about interest rates

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Mortgage Professional America | 15 Mar 2017, 07:06 AM Agree 0
8 in 10 prospective buyers worried about interest rates… New home mortgage apps on the rise… Home sales ease but prices hold up in Iowa…
  • Rojofar | | 15 Mar 2017, 11:37 AM Agree 0
    At these interest rate levels no-one should be anxious for the intermediate term.
  • Senior | | 15 Mar 2017, 11:57 AM Agree 0
    Nobody seemed to worry about seniors getting no interest on their retirement savings for the last eight years.
  • RatesAreFine | | 15 Mar 2017, 01:07 PM Agree 0
    Standard 30-yr fixed is about 4.25% today. Absolutely no one should be worried about interest rates. Just look at historical rates. Everyone should be thrilled they can get 4.25%.

    What they should be concerned about is buying homes way bigger than they need so their 6-year old princess can have a 12x12 walk in closet, and how much that actually effects their payment and affordability. Most people buy way more home than the really need, and of course builders only build higher end homes. Maybe people should buy something of realistic size, and builders should build something of realistic size??
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