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Laura Coates Live
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The American Dream Is Now Out of Reach
Mortgage rates are expected to decline slightly later this year as inflation continues to ease but that's not fast enough for people struggling to buy a home now. The average monthly mortgage payment on a 30 year fixed rate with 10 percent down so it's about 93 percent from two years ago to $3176 for new homes. Owning a home is right up there on the things that Americans hope and dream that will happen but of course now it's harder basically than it's been for a really long time.
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