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Many Homeowners Fear Giving Up Lower Rates: Survey

Friday, Apr 28 2023
Lending
Written by  The Mortgage Leader

A new survey has shed light on how many homeowners are putting off selling their homes this buying season because they don’t want to give up their current lower rates. So reports Yahoo! Finance.

house for sale 2845213 1920About 82% of potential move-up purchasers indicated feeling trapped by their existing rate, according to a Realtor.com poll of more than 1,200 potential sellers in February.

Over half expected to hold off on selling until rates went lower, Realtor.com found.

Read the full article from Yahoo! Finance.

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