Quote:
Originally Posted by Ptmcbriz
When interest rates go up, real estate slows. When interest rates start dropping, real estate will speed up. It’s not rocket science…
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Actually, interest rates are completely normal if not a tad low right now. Borrowing money was not and should not be free. Tiny percentage rates on mortgages are ridiculous. The big pig in the room is inflation.
I saw a pound of store brand butter today selling for $7.99. That's just a sampling of how prices are continuing to soar.