Letters: Culprit in home-sales drop actually is rising interest rates

Letters: Culprit in home-sales drop actually is rising interest rates: "As 30-year fixed-mortgage rates dropped to all-time lows, the prices of houses skyrocketed. Interest rates for 30-year fixed mortgages have been rising. What was 4.5 percent three years ago is now 6.5 percent, and that is for folks with excellent credit. That means that monthly mortgage payments are one-third higher than they were three years ago for the same-priced property."
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