Definitely...wonder why he thinks it's even close to be newsworthy? For MOST of us (unwashed masses). But then there certainly ARE people with big-money who CAN pay cash, and TMK MOST people who buy homes in The Villages (and likely the other 55+ communities nearby, like On Top of the World) pay cash...only a minority buying in those places need to get a mortgage. As for home prices, from what I can tell most homes in America's hotter markets are still way overpriced -- at least by 30%. So while I'd like to see home prices come down MORE (they are, but only slowly in many markets, not all markets) the mortgage interest rate is MY biggest obstacle -- won't pay current (and also inflated) rates. -- BR