Here's how many home sales were 'lost' by the mortgage rate lock-in effect

from New York Post 7 months ago

Mortgage rate lock-in caused a 57% reduction in home sales with fixed-rate mortgages in Q4 2023, preventing 1.33 million sales between 2022Q2 and 2023Q4.
New York Posthttps://nypost.com/2024/06/12/real-estate/heres-how-many-home-sales-were-lost-by-the-mortgage-rate-lock-in-effect/

Read at New York Post

#lock-in-effect #mortgage-rates #housing-market #homeownership #economic-impact

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Here's how many home sales were 'lost' by the mortgage rate lock-in effectHere's how many home sales were 'lost' by the mortgage rate lock-in effect Briefly

Here's how many home sales were 'lost' by the mortgage rate lock-in effect
Here's how many home sales were 'lost' by the mortgage rate lock-in effect
Briefly