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Eventually insurers could begin to pull out of coastal markets altogether, as could lenders who fear that homes won’t be able to retain their value through the lifespan of a 30-year mortgage. says.
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Dallas-Fort Worth home sales are still struggling to regain their footing. The December 2018 wake-up call was just one of those consequences. Mortgage interest rates didn’t even hit 5 percent.
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According to the Dallas Morning News, Dallas-Fort Worth was the only major Texas metro area that. Real estate agents say that higher mortgage costs may have caused some buyers to retreat, too. "Are.