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Mortgage Rates - Is That a Good Thing?
Inflation is still mounting. It may be rolling over CPI and PCI and PC, but at the cash register and at the supermarket for everybody out there, it's still building. So there's a little bit of inflationary catch up hitting everybody in the pocketbook. People are spoiled by not having to pay any interest on loans. And this is where they are going to pull back because of all the kind of experiences that you just mentioned.