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(English) Tapering Begins!

(English) Tapering Begins!

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3 comentarios
  1. Pat Lydon
    Pat Lydon Dice:

    Of course intrest rates will go up. This affects the middle class most. Politicians wouldn’t know someone from middle class if they bumped into them/or was saved by mouth to mouth resucitation.

    The best way help middle class is intrest rates. The wealthy (hate term upper class-they are so uppity) can absorb a spike in rates -might not like but can do(figure an additional write -off).Plus the attitude I am entitled to or can afford to. Lower income doesn’t really care as they are not buying anyway.

    SOOOOOOOOOOOOOOOO who does it affect most?!!!!

    Middle class -blue collar etc buyers basically using every dollar to buy. An increase by even 1/2 -1% difference of buying or renting. Just look at your KCM charts of increase $207 monthly payment.

    So the market most adversly affected is mid range buyer. Washington really wants to help middle class. Freeze mortgage rates at 5% for next 5 years on 30 year fixed. Property taxes next 3 for mid priced home (areas vary). The market booms economy moves.

    was at seminar about 25 years ago speaker said every transaction stimulates over 30 bussinesses -times that by 2 since their is 2 sides each deal.

    Brokers,banks,atty,movers,plumbers,electriciations,painters, food stores, etc



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