Quote:
Originally Posted by Normal
The Fed cut rates last fall and it resulted in lending rates actually going up slightly. It will take a lot more than a quarter or half point cut to turn the housing market around.
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1/2 of the problem is the rates. Homes are still out of reach for some home buyers. Watched an old All in the Family show and Archie could live in a small home and was making $5.50 an hour