
From FOMO to GERF, SCOTUS vs. POTUS, and A Tale of Two Housing Markets 6/30/23
The Exchange
00:00
The Importance of Mortgage Rates in the Mortgage Market
Currently, you're looking at 6.7% for prime borrowers in the mortgage market space. Zilla researchers seeing that around three quarters of people have mortgage rates under 4%. That person who is more likely to maybe move for fundamental moves that they're locked in might be someone looking forward to retiring.
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