dropped another 5% or more on the open today.
Hov trying to stay above $6....
that's even with Fed talk or MORE rate cuts.
Why not just 0%?
A few years back, a local bank had that teaser rate of 3.75% home
equity it rode up, but it was nice for a a couple years.
Could that happen again?
Look at 15 year rates...
this time, it might work that rates will remain low as will home prices.
THAT will create some affordability.
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