Today’s low mortgage interest rates are making homeownership more affordable for more people and have stimulated a real estate boom that has been a …
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Today's low mortgage rates could limit the future housing supply
Today’s low mortgage interest rates are making homeownership more affordable for more people and have stimulated a real estate boom that has been a rare bright spot in this uneven pandemic economy. But this boom foreshadows a coming bust, especially in cities where housing is already in short supply. Here's what may happen and what you can do to prepare.
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