Topic: If you were to buy your house today, how much would be your monthly mortgage payment?
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Question:
Topic: If you were to buy your house today, how much would be your monthly mortgage payment? What if you could buy the same house for the same price one year ago? What would be your mortgage payment in that case? Please analyze the difference and how interest rates impacted your mortgage payment. You can use your actual mortgage or assume whatever numbers are needed for this analysis. Please use actual interest rates at the two time points.
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