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“Mornings Memory”: Buying a home in 2024 echoes the challenges of 1979

Posted on 18 October 2024 By No Comments on “Mornings Memory”: Buying a home in 2024 echoes the challenges of 1979

In today’s tough housing market, homebuyers face high mortgage rates—but it’s not the first time. A CBS News report from 1979 shows a young family in Chicago struggling with even steeper rates of 11%. Here’s a look back at how history is repeating itself.

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