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by bmm6o 3842 days ago
> No because that payment went up for everyone by the same amount at the same time

The rate is more significant the more you borrow, and not everyone has to borrow the same amount to buy the same hypothetical home. Buyers who have to borrow more are less attractive to sellers, ceteris paribus, since there's a greater chance of the deal falling through.

But if we're talking about a .25% difference, it won't have a real measurable effect.