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Steve notes that for the 2018 housing market, mortgage rates were near historic lows. In the early 2000s, mortgage rates were close to 8%. Now they are under 5%. While lower rates help, higher home prices bite into affordability. (1226)
By Terry StorySteve notes that for the 2018 housing market, mortgage rates were near historic lows. In the early 2000s, mortgage rates were close to 8%. Now they are under 5%. While lower rates help, higher home prices bite into affordability. (1226)

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