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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: David Jones who wrote (6524)11/2/2002 11:03:08 PM
From: fattyRespond to of 306849
 
>....If interest rate goes down, the seller will adjust the price up so that you will always pay the same monthly mortgage....

>Not. It's supply and demand and it always will be.

Well, I don't how these two statements are contradictory.
In this case, the supply is how big a loan the buyer can afford and the demand is the maximum price the seller can ask for.