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Re:U.S. mortgage interest rates jump to 7.16%, highest since... by htrp on Wednesday October 26, 2022 @11:06AM (#33344830)
You would be surprised.... a lot of flippers and even non-flippers betting on the ability to easily refi 5 years out.

Publicly reported data:

https://www.cnbc.com/2022/04/27/adjustable-rate-mortgage-dem...

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