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Thats good news forhomebuyers, although perhaps not as good as they might think.
That leaves buyers wondering whether they should buy now, or hold off until rates eventually come down.
Waiting Might Cost You
Lower rates are a dual-edged sword.
On the one hand, they make loans more affordable.
Even without declining rates, real estate values tend to appreciate over time.
Despite being higher now than theyve been in roughly 20 years, theyre actually lower than the historic average.
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