Quote:
Originally Posted by Weitz
Correct me if I’m wrong, but don’t most people have to qualify at higher rates anyway? So most people are unaffected in the amount they can borrow even with the change.
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What? Even if you were approved for a higher amount, you will still be affected by the higher rate.
And the conversation was about whether higher rates would affect prices, and the answer they absolutely will (though, again, supply constraints are also currently affecting prices in the opposite direction)