9d (edited) • NEWs
The Housing Markets Positioned To ‘Unlock’ Fast if Mortgage Rates Plunge
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"Essentially, a market where the typical homeowner has a 4.3% mortgage rate is more likely to unlock than one where the median rate is 3.5%. The smaller gap between their current rate and today’s 6.01% lowers the financial hurdle to moving."
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The Housing Markets Positioned To ‘Unlock’ Fast if Mortgage Rates Plunge
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