People are “rate locked”. They have the super low interest rate loans that were available a short time ago, they can’t afford to move because they would have to trade those low interest loans for the current high interest loans. The only homes coming on the market in my area are estate homes of elderly who have passed away.
Because nobody is selling
People are “rate locked”. They have the super low interest rate loans that were available a short time ago, they can’t afford to move because they would have to trade those low interest loans for the current high interest loans. The only homes coming on the market in my area are estate homes of elderly who have passed away.
I love my 1.99% mortgage.
30y or 15y? That’s probably the lowest I’ve heard