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Mortgage rates top 7%


areyentiraidhi

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can we ask builders for price protection, is it a real thing in mortgage world ?

if we sign contract now and year end prices reduce ayithe due to economic or recession. mostly no ani naa feeling but asking it here..

@Complex @Ravi860 any idea..

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Just now, chicagoafdb said:

can we ask builders for price protection, is it a real thing in mortgage world ?

if we sign contract now and year end prices reduce ayithe due to economic or recession. mostly no ani naa feeling but asking it here..

@Complex @Ravi860 any idea..

they wont man. they will write contracts that suit them

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39 minutes ago, Ravi860 said:

Everyone hoping rates will go down end of this year or starting next year especially ones buying now 

you mean home prices of interest rates

DB lo Buy High Sell low is the mantra for success ani evro chepparu.. innovative ga anipinchindi @3$%

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3 minutes ago, chicagoafdb said:

can we ask builders for price protection, is it a real thing in mortgage world ?

if we sign contract now and year end prices reduce ayithe due to economic or recession. mostly no ani naa feeling but asking it here..

@Complex @Ravi860 any idea..

Most wont  give you guarantee , specially when there is enough demand , why would builder take risk.

But i did see builder like bloomfield offered for few months last year.. so check with builder. 

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7 minutes ago, csrcsr said:

Having job for next 1 year ro 18 minths , gruddda vonkutubdi the way they are doing reorgs

Ninnu evadanna teesesdi…California tagalettestham

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1 minute ago, Variety_Pullayya said:

they wont man. they will write contracts that suit them

talking with an realtor white here is the exact sentence he used

    What happens if housing price fall ? Do you have any protection ? I can get that for you..

its hard to believe he is over promising :) he mentioned he can get a good deal for new home.. not really sure what will he get for a new home..

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1 minute ago, chicagoafdb said:

talking with an realtor white here is the exact sentence he used

    What happens if housing price fall ? Do you have any protection ? I can get that for you..

its hard to believe he is over promising :) he mentioned he can get a good deal for new home.. not really sure what will he get for a new home..

lender wants business.. realtor wants commission...builder wants profit

nobody gives a about us... they always push/encourage you to buy..

Be careful and not fall for them.  Only buy when it makes sense for you.

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4 minutes ago, *Prince Charming said:

Once go down ,then refinance??

People who bought new construction homes have to wait till closing right to know what what rates they are getting? 
 

yea after closing and rates go down and assuming they have positive equity then can refinance anytime 

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1 hour ago, manadonga said:

Dallas lo taggede le 

mi homes vadu all east west north facing homes sold out annadu 

kavalante south ante antunadu 

MI Homes lilyana na bhaya?

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1 hour ago, csrcsr said:

Emi kaadu anna preserve the job having job in 2023 is great things homes car will fall in palce

Ninnu oorike ettaru gaa db youth. Ilaanti advice icchav ante adi nee balanced thinking ni highlight chestundi. Mast cheppav, it's better to focus on skills and keep improving. Ehh mortgage rates, interest rate etc ivanni time tho settle avtaai. Manchi skills unte Unna job baaga cheyocchu or better job kotocchu. @csrcsr as always mast advice icchav. 

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