More news on the mortgage rate lock-in effect, this time from Zestimate creator Zillow. The company conducted a survey and found that homeowners with a mortgage rate above 5% are nearly twice as likely to sell. This appears to be the “rate-lock tipping point,” where it essentially no longer matters to give up your mortgage… Read More »Zillow Says Homeowners Twice as Likely to Sell If Their Mortgage Rate Is Above 5%
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