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About mortgage rate hikes

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“The objective of your rate hikes was to cut back inflation. Unchecked inflation might have also severely eroded buyers’ getting power, And so the speedy pace of price expansion might have slowed in any case,” she says. The rapid rate hikes have massively lifted buyer borrowing costs. The average bank https://bookmarkrange.com/story15064325/what-does-mortgage-rate-hikes-mean

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