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Old 03-02-2022, 02:29 PM   #1377
Johnny199r
First Line Centre
 
Join Date: Feb 2014
Location: Uzbekistan
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Quote:
Originally Posted by bizaro86 View Post
Rising rates might be a factor in the current panic buying though. If you have a preapproval/rate hold for a mortgage at a way lower rate than you could get now, then paying a bit extra on the purchase price makes sense. If everyone does that...
Yeah, it could have an effect in the short term, it should help in the long term though.
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