Remove 2004 Remove Loan Officers Remove Marketing Remove Real Estate
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Opinion: Why we need a mortgage rate reset

Housing Wire

In the early ’80s, rates were above 18% for a fixed-rate loan. Most people paid those loans for 30 years, on time. Refinances were not marketed then like they are today, nor were they the norm for a homeowner. Back then, the real estate agent found a home and the purchaser went to their bank and got a loan.

Mortgage 432
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Will Homeownership Bankrupt Americans?

DataMaster

After months of being outbid, he decided to wait and see if the housing market cools off a bit. in April 2004. Ask a bank or loan officer, though, and their suggestions are higher, ranging from 28% to 35%. Let’s face it, predicting the future in real estate is a fluid process at best.

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article thumbnail

Will Homeownership Bankrupt Americans?

DataMaster

After months of being outbid, he decided to wait and see if the housing market cools off a bit. in April 2004. Ask a bank or loan officer, though, and their suggestions are higher, ranging from 28% to 35%. Let’s face it, predicting the future in real estate is a fluid process at best.

article thumbnail

Will Homeownership Bankrupt Americans?

DataMaster

After months of being outbid, he decided to wait and see if the housing market cools off a bit. in April 2004. Ask a bank or loan officer, though, and their suggestions are higher, ranging from 28% to 35%. Let’s face it, predicting the future in real estate is a fluid process at best.