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Utah Utah Installments Fixed Rate Promissory Note Secured by Residential Real Estate Form

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Utah Utah Installments Fixed Rate Promissory Note Secured by Residential Real Estate Form

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well mortgage rates if you've noticed continue to climb hitting their highest level in nearly 23 years the high cost of borrowing is taking a toll on the housing market new specialist Latta Egan joins us now live with that in his story lad yeah Dan and Ashley buyers are sitting on the sidelines because of those High mortgage rates combined with high home prices and a lack of available homes in fact new listings for homes for sale in August in Utah we're at the lowest level since records started back in 2006. that's because those with existing low rate mortgages are staying put today the the National Mortgage Bankers Association said the average rate for a 30-year mortgage increased through 7.41 percent that's the highest level since December of 2000 that's causing slowing sales of existing and newly built homes a report from the Utah Association of Realtors says falling home sales have done little to cool home prices however which have continued

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