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Mortgage rates have been the lowest in over 45 years. Knowing this information, it is now time to take advantage of such rates and buy

Mortgage rates have been the lowest in over 45 years. Knowing this information, it is now time to take advantage of such rates and buy a house. If your bank rate is 4.96%, and desire your payment to be no more than $1,038.29. How much value of home can you afford today? (Use monthly compounding)

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