98% of people have a below-market mortgage rate—that's keeping housing inventory tight
“I don’t know if stuck is the right word, but a 2.62% interest rate is hard to give up right now.”
Fortune ·
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RARE PHOTOS: Josh dudick | Vintage Vibes
Homeowners who held onto a 3% mortgage rate are becoming ‘accidental landlords’
99% of borrowers have a mortgage rate lower than 6%, according to Goldman Sachs, and some are choosing to rent out their homes instead of selling.
Fortune ·
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