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OpenStudy (anonymous):

why do interest rates on home mortgages increase when demand for housing increases

OpenStudy (anonymous):

will give medal!!!!

OpenStudy (iwanttogotostanford):

because the value goes up

OpenStudy (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

OpenStudy (iwanttogotostanford):

when value goes up, prices go up- economics- supply and demand

OpenStudy (anonymous):

I have more can u guys help?

OpenStudy (bigbosssaint21):

CAAAN!!!

OpenStudy (anonymous):

ok!

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