The Top Reasons for Selling Your House
Given that rates doubled in 2022, some of those property owners put their plans to move on hold, not desiring to lose the low mortgage rate they have on their existing home. That implies a strong bulk of property owners with mortgages have a rate below what they & rsquo;d get if they moved right now. What you desire and need in a home can be factor enough to move. Considering that rates doubled in 2022, some of those house owners put their plans to move on hold, not wanting to lose the low home loan rate they have on their present house. Today, 93 %of outstanding home mortgages have a rate at or below 6%. That means a strong majority of homeowners with mortgages have a rate below what they & rsquo;d get if they moved right now. What you desire and need in a home can be factor enough to move. There are plenty of non-financial factors to factor in.
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Public Last updated: 2023-02-10 04:25:12 PM