9-7-2023 The Majority of Homeowners Feel 'Locked In' by Their Current Mortgage Rate

Published: Sept. 8, 2023, midnight

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After bottoming out below 3% in January 2021, the average rate for a 30-year, fixed-rate mortgage now sits above 7% \\u2014 which is just too high for many homeowners to consider selling.

(But could a rate of 5% be the \'magic number\' to trigger a move?)

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