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Folks who bought a home this month saved an “astonishing” amount compared to shoppers who bought last fall, according to a new analysis of mortgage rates. Krakenimages.com / Shutterstock.com
What a difference a few months makes for today’s home shoppers. Those looking for a home at the beginning of January 2022 were likely to have significantly lower monthly mortgage payments than someone who bought a home last fall, according to a new Realtor.com analysis. As recently as late October, mortgage rates were hovering around 7.8%, according to Freddie Mac data. That meant a buyer who…
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