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Are Higher Mortgage Rates Scaring Off First Time-Homebuyers?

January 22, 2017 5:12 pm

First-time homebuyers are shying away from their plans to purchase this spring, according to a recently released report by realtor.com®, due to the surge in mortgage rates in the last two months of 2016. Though rates have deflated since the end of the year, they remain hovering above 4 percent—high enough to scare off first-timers […]

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