How To Buy and Sell a Home at the Same Time—in Today’s Haywire, High-Interest Rate Housing Market
Realtor.com
NOVEMBER 28, 2022
. “Two-thirds of homeowners right now are sitting on a sub-4% mortgage, and about a quarter are sitting on a sub-3% mortgage,” says Lisa Sturtevant , chief economist of the Bright MLS. “And so you can imagine existing homeowners, even if they wanted to move, are really reticent to give up their very favorable mortgage rate.
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