Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights’ latest consumer poll.
Source: Inman News
Inside the lock-in effect: Cheap mortgages weigh on US consumers
Published in Agent, Brokerage, home sales, Inman Intel, Inman-Dig Insights consumer survey, lock-in effect, mortgage rates and rate lock-in
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