Nearly 89% of U.S. Homeowners with Mortgages Have an Interest Rate Below 6%: Redfin

Fox Business, Feb. 14, 2024–Christopher Murray
As mortgage rates inch lower towards the 6% mark, the real estate market is cooling. Still, many homeowners still have low interest rates compared to the 6.66% they fell to last week. In fact, nearly 89% of borrowers have an interest rate below 6%, a Redfin study reports.
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