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    You are at:Home»Market Trends»Most Home Buyers say 5.5% or Lower is the Tipping Point for Mortgage Rates

    Most Home Buyers say 5.5% or Lower is the Tipping Point for Mortgage Rates

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    By Brad Beckett on May 10, 2023 Market Trends

    cnbc logoCNBC’s Diana Olick reports that a recent study says the interest rate “tipping point” for home buyers is 5.5% or lower.  Interestingly, she points out that historically, the average interest rate from 1971 to 2023 was 7.75%.  She says the record high was 18% in 1981.  Indeed…

     

    Click here to read more at CNBC.com.

     

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    Brad Beckett
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