hegemony Posted July 15, 2023 Share Posted July 15, 2023 Only a tenth of mortgages have an interest rate above 6% — that’s a big problem for the U.S. housing market Quote The bottom line is that homeowners across America do not have any incentive to move,’ Quote Link to comment Share on other sites More sharing options...
swingline Posted September 8, 2023 Share Posted September 8, 2023 I wonder about the quote (mirroring the title of the article), "Only 9% of all existing mortgages in the U.S. were taken out with a rate of above 6%." I don't have access to the whole article, so I don't know if they address this -- but I'd suspect an awful lot of those were subprime loans even before the interest rates went up. ThomasRMorrison 1 Quote Link to comment Share on other sites More sharing options...
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