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How much house can you afford? – It’s been shown to be a level of debt that most borrowers can comfortably repay. That home payment assumes a 30-year mortgage at current rates, and includes 1% property tax and 0.4% for homeowners.
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Mortgage rates hit a 4-month low, so what’s holding back the housing market? – A for-sale sign is posted in front of a home in Miami. Rising mortgage rates are quashing the housing market. Sound familiar? It’s a truism that’s been repeated frequently over the past year or so, as.
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