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Episode 22: What actually happens when interest rates drop and what the heck is going on with home owners insurance?
It seems a common strategy for buyers is to "wait until the rates drop" but guess what? SO IS EVERYONE ELSE! If that's your strategy, you may end up paying a premium to get a house in a multiple offer situation vs just paying slightly higher interest-rate and getting a better purchase price on a home. We also talk with Andrew Hoy of American Family Insurance about how insurance coverage has changed over the years.
The skinny
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