anonymous
  • anonymous
why do interest rates on home mortgages increase when demand for housing increases
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  • Stacey Warren - Expert brainly.com
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chestercat
  • chestercat
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anonymous
  • anonymous
will give medal!!!!
Bigbosssaint21
  • Bigbosssaint21
http://www.investopedia.com/articles/pf/07/mortgage_rate.asp
iwanttogotostanford
  • iwanttogotostanford
because the value goes up

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Bigbosssaint21
  • Bigbosssaint21
When more people are trying to pay mortgages ( payments ) on houses than whoever owns the house usually increases the interest because the people living there will be willing to pay a bit more to keep a house that alot of other people want now
iwanttogotostanford
  • iwanttogotostanford
when value goes up, prices go up- economics- supply and demand
anonymous
  • anonymous
I have more can u guys help?
Bigbosssaint21
  • Bigbosssaint21
anonymous
  • anonymous
ok!

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