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2021-02-21T14:40
Mini Oral History with Jennifer, 2.21.21
Transcript of Interview with Jennifer by Sharon Hunt Interviewee: Jennifer Interviewer: Sharon Hunt Date: 2/21/21 Location (Interviewee): Tucson, Arizona Location (Interviewer): Tucson, Arizona Transcriber: Sharon Hunt Abstract: Jennifer lives in Tucson, Arizona, and spoke about a positive result of the pandemic that she has experienced. She has been able to save money and pay off debts during this time period, as she has not been able to go out and shop or go to restaurants as she did in pre-pandemic times. -
2020
Low mortgage rates help home buyers as prices rise — if they can qualify
This article tells a similar story of many that I have recently heard, the story of renters purchasing homes in order to take advantage of the low interest rates that were a result of the global pandemic. This article details that the estimate of about a 3% average interest rate will remain the same until the end of the year! Despite this, because of many Americans having less than reliable jobs through this pandemic era, banks are not giving out loans to just anyone, and it has been difficult to qualify for a home loan. Lower income households are still having difficult acquiring property, possibly even more difficulty than before the pandemic.