MORTGAGE RATES: Where Americans Have Locked In

MORTGAGE RATES: Where Americans Have Locked In

The hottest topic surrounding real estate: mortgage interest rates…..

While American’s readjust to the idea of a “normal” interest rate after the pandemic, the FHFA 4th quarter data indicates that many Americans are riding the wave of a favorable interest rate on their existing mortgage. Over 82% of Americans have a mortgage rate locked in at 5% or below.

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