Brotherio t1_jdmotjl wrote
Reply to comment by exemplaryprophecy1 in Volatility in mortgage rates will lead to further deterioration of the U.S. real estate sector in 2023 by exemplaryprophecy1
Existing homes unchanged.
Current mortgage rates for existing homeowners: 65% have 4% or lower. 25% have 3% or lower!
These people aren’t selling any time soon.
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