Growing Buyer Demand and Tight Supply for US Housing
Bloomberg Businessweek
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The 30-Year Mortgage Could Save the Housing Market
Allison Trigger: Almost everyone who's bought a house in the last 10 years has had a 30-year fixed rate mortgage. That means, and I'm one of these people, I locked in a really low interest rate during the pandemic. And effectively, I'm never moving," she says. "The fact that people like us are locked into these very low rates means we're going to be very reluctant to move"
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