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2 Comments on Comments on the Home Interest Rates
First of all it's not 1/2% it’s called 50 bases points which in term only equals to 1/4 of a %. So it won’t make much of a difference in the market especially for the so call middle class if there is still one. And for those that fell victim to predatory lending, or high refinancing rates- and those that are in danger of Foreclosure chances are that they won’t be able to qualify for a new loan base on the new guidelines that lenders have. Sorry to burst your bubble.