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Mortgage Rates: Where Americans Have Locked in

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Bar chart of U.S. mortgage rates, with the largest share of existing loans in the 3.01–4% range.

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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