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Housing Chief Economist Explains 3 Reasons Buyers Are NOT Overpaying

Knowledge Brokers Podcast

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How to Explain Mortgage Rate Spreads to Consumers

Right now the current spread is 313 basis points, meaning that 30 year rate should be closer to about 5.29% historically. And a lot of knowledge brokers, a lot of agents out there that want to try to understand this don't quite get it. How do you explain that to consumers in a way that's easy to understand?

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