The ‘golden handcuff’: 3% mortgages are now outnumbered by 6% payments
After years of record-low mortgage interest rates, the share of U.S. homeowners with 6% mortgage rates officially surpassed the share with rates of 3% or lower. This is the first time this has happened since the start of the COVID-19 pandemic. About 21% of American homeowners have a mortgage interestContinue Reading










