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by mikeryan 3840 days ago
The Average Joe's home loan just got a slight bit more expensive.
2 comments

Woohoo, that means that less people will be able to afford the highest prices, which means the bubbling up sales prices will go down, and those of us who have been saving up for a home will have a better shot instead of getting priced out by folks willing to take on extreme loans because of low interest rates.
However, the cost of the home in many markets will have decreased slightly as a result.