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Reply To: Mortgage rates in the future

Home Messageboards Banking and Financial Services Forum Mortgage rates in the future Reply To: Mortgage rates in the future

#177509
Andre
Participant

Oh yeah, because rent prices won’t go up, I’m sure…..

 

Difference is, it’s not really the same kind of commitment. Once you come to the end of the contract you can get out of there. With a house you’ve paid a massive upfront deposit which you now stand to lose – home repossession is a nasty business!