{"id":763565,"date":"2023-06-14T07:09:45","date_gmt":"2023-06-14T11:09:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/"},"modified":"2023-06-14T07:09:45","modified_gmt":"2023-06-14T11:09:45","slug":"nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/","title":{"rendered":"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put<\/b><\/p>\n<p class=\"bwalignc\"><i>Another reason sellers are staying put is because they bought recently; a record 60% of mortgage holders have lived in their home for four years or less, further contributing to the supply shortage<\/i><\/p>\n<p>SEATTLE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\n(NASDAQ: RDFN) \u2014 More than nine of every 10 (91.8%) U.S. homeowners with mortgages have an interest rate below 6%, according to a new <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhigh-mortgage-rates-lock-in-homeowners-2023&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=report&amp;index=1&amp;md5=2c7c69002324c8ac06ee1952eb794ee8\">report<\/a> from Redfin (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2F&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=www.redfin.com&amp;index=2&amp;md5=da0a459409174f37708bb32e095a7e09\">www.redfin.com<\/a>), the technology-powered real estate brokerage. That\u2019s down just slightly from the record high of 92.9% hit in mid-2022.<\/p>\n<p>\nThat means well over<i \/>92% of homeowners with mortgages have mortgage rates below the current weekly average of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.freddiemac.com%2Fpmms&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=6.71%25&amp;index=3&amp;md5=1751865c17d1866291b50559077d9a18\">6.71%<\/a>, which is near the highest level in over 20 years. Homeowners holding onto their comparatively low mortgage rates is the main reason for today\u2019s major <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhousing-market-update-new-listings-lowest-level-on-record%2F&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=shortage&amp;index=4&amp;md5=5fa4bd32c2955b628ce98e41dee80c30\">shortage<\/a> of new listings. Here\u2019s the full breakdown of where today\u2019s homeowners fall on the mortgage-rate spectrum:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Below 6%<\/b>: 91.8% of U.S. mortgaged homeowners have a rate below 6%, down from a record high of 92.9% in the second quarter of 2022.\n<\/li>\n<li><b>Below 5%<\/b>: 82.4% have a rate below 5%. That\u2019s down from a peak of 85.7% in the first quarter of 2022.\n<\/li>\n<li><b>Below 4%<\/b>: 62% have a rate below 4%, also down from a record high (65.3%) hit in the first quarter of 2022.\n<\/li>\n<li><b>Below 3%<\/b>: 23.5% an interest rate below 3%, near the highest share on record. The highest was 24.6% in the first quarter of 2022.\n<\/li>\n<\/ul>\n<p>\nMany would-be sellers are staying put rather than listing their home to avoid taking on a much higher mortgage rate when they purchase their next house. This \u201clock in\u201d effect has pushed inventory down to record lows this spring. New listings of homes for sale and the <i>total <\/i>number of listings have both dropped to their lowest level on record for this time of year, which is fueling homebuyer competition in some markets and preventing home prices from falling further even amid tepid demand.<\/p>\n<p>\nEven though the share of homeowners with mortgage rates below 5% or 6% has come down slightly because more people have bought homes with today\u2019s elevated rates, it\u2019s still true that nearly every homeowner would take on a higher mortgage rate if they moved. That\u2019s making most people who don\u2019t <i>need <\/i>to move stay put, which means it\u2019s slim pickings for buyers. Pending home sales are down about 17% from a year ago.<\/p>\n<p>\n\u201cHigh mortgage rates are a double whammy because they\u2019re discouraging both buyers and sellers\u2013and they\u2019re discouraging sellers so much that even the buyers who <i>are <\/i>out there are having trouble finding a place to buy,\u201d said Redfin Deputy Chief Economist Taylor Marr. \u201cThe lock-in effect is unlikely to go away in the near future. Mortgage rates probably won\u2019t drop below 6% before the end of the year, and most homeowners wouldn\u2019t be motivated to sell unless rates dropped further. Some of them simply don\u2019t want to take on a 6%-plus mortgage rate and some can\u2019t afford to.\u201d<\/p>\n<p>\nJust over one-quarter (27%) of U.S. homeowners who are considering listing their home in the next year would feel more urgency to sell if rates dropped to 5% or below. That\u2019s according to a Redfin survey conducted by Qualtrics in early June. Roughly half (49%) would feel more urgency if rates were to drop to 4% or below, and the share increases to 78% if they were to drop to 3% or below\u2014a situation that is highly unlikely any time in the near future.<\/p>\n<p>\n\u201cThe only people selling right now are the ones who need to,\u201d said Atlanta <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fpremier&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=Redfin+Premier&amp;index=5&amp;md5=1837518fab79aed7325f23a35d43e8d7\">Redfin Premier<\/a> agent Jasmine Harris. \u201cThe last three potential sellers I\u2019ve met are people who are moving out of the country. I\u2019m also working with someone who\u2019s moving out of town for a new job and another person who needs a smaller home for health reasons. So there are some homes coming on the market, but not nearly as many as there would be if rates weren\u2019t so high. In more typical times, we\u2019d also have people selling simply because they wanted to move to a different neighborhood or wanted a bigger home and\/or one with different features.\u201d<\/p>\n<p><b>The typical monthly mortgage payment has increased $1,000 over the last three years as rates have risen from record lows and home prices have increased<\/b><\/p>\n<p>\nThe typical homebuyer purchasing today\u2019s median-priced U.S. home (roughly $380,000) at the current average 6.7% mortgage rate would take on a monthly payment of roughly $2,600, a record high. That\u2019s up more than $300 from a year ago and up more than $1,000 from three years ago, using the median sale price and average mortgage rates from those time periods.<\/p>\n<p>\nNearly everyone has a mortgage rate below the one they would get if they bought a home today, but the difference in monthly payments varies depending on each individual situation. A mortgage holder in the 3% to 4% range is more likely to feel handcuffed to their home than someone in the 5% to 6% range, for instance.<\/p>\n<p><b>A record share of mortgage holders have lived in their home for 4 years or less, further holding back supply<\/b><\/p>\n<p>\nMore than half of (59.7%) homeowners with mortgages have lived in their home for four years or less, a record high and up from 47.3% during the fourth quarter of 2019, just before the pandemic began.<\/p>\n<p>\nThe portion of people who haven\u2019t lived in their home long has shot up because so many people purchased homes during the pandemic, motivated by record-low mortgage rates and remote work. That means that even if rates were to drop significantly, it may not lead to a flood of new listings. Many people are likely to stay put simply because they moved recently and aren\u2019t in a hurry to move again.<\/p>\n<p>\nTo read the full report, including charts and methodology, please visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhigh-mortgage-rates-lock-in-homeowners-2023&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhigh-mortgage-rates-lock-in-homeowners-2023&amp;index=6&amp;md5=31690f8fb29eeabbfffb70d3584e6839\">https:\/\/www.redfin.com\/news\/high-mortgage-rates-lock-in-homeowners-2023<\/a><\/p>\n<p><b>About Redfin<\/b><\/p>\n<p>\nRedfin (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.redfin.com&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=www.redfin.com&amp;index=7&amp;md5=c6a51fa17c65768d7ae688db5348ed55\">www.redfin.com<\/a>) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services. We also run the country&#8217;s #1 real estate brokerage site. Our home-buying customers see homes first with same day tours, and our lending and title services help them close quickly. Customers selling a home in certain markets can have our renovations crew fix up their home to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Customers who buy and sell with Redfin pay a 1% listing fee, subject to minimums, less than half of what brokerages commonly charge. Since launching in 2006, we&#8217;ve saved customers more than $1.5 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 5,000 people.<\/p>\n<p>\nFor more information or to contact a local Redfin real estate agent, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2F&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=www.redfin.com&amp;index=8&amp;md5=7a8eca71e979e414ad47fd83e6a9cba5\">www.redfin.com<\/a>. To learn about housing market trends and download data, visit the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fdata-center%2F&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=Redfin+Data+Center&amp;index=9&amp;md5=1a3113aed0b92248390b21496d3f0125\">Redfin Data Center<\/a>. To be added to Redfin&#8217;s press release distribution list, email <a rel=\"nofollow\" href=\"mailto:press@redfin.com\">press@redfin.com<\/a>. To view Redfin&#8217;s press center, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpress.redfin.com%2Fphoenix.zhtml%3Fc%3D252734%26p%3Dirol-overview&amp;esheet=53419982&amp;newsitemid=20230614277242&amp;lan=en-US&amp;anchor=click+here&amp;index=10&amp;md5=9064441a9cd419b9b5ed1a8ea47d99d4\">click here<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230614277242r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230614277242\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230614277242\/en\/<\/a><\/span><\/p>\n<p><b>Redfin Journalist Services:<br \/>\n<\/b><br \/>Angela Cherry, 913-638-8249<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@redfin.com\">press@redfin.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Washington<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Technology Residential Building &amp; Real Estate Software Construction &amp; Property Internet<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230614277242\/en\/1407505\/3\/Redfin_Standard_Web_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put Another reason sellers are staying put is because they bought recently; a record 60% of mortgage holders have lived in their home for four years or less, further contributing to the supply shortage SEATTLE&#8211;(BUSINESS WIRE)&#8211; (NASDAQ: RDFN) \u2014 More than nine of every 10 (91.8%) U.S. homeowners with mortgages have an interest rate below 6%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That\u2019s down just slightly from the record high of 92.9% hit in mid-2022. That means well over92% of homeowners with mortgages have mortgage rates below the current weekly average of 6.71%, which is near the highest &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-763565","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put Another reason sellers are staying put is because they bought recently; a record 60% of mortgage holders have lived in their home for four years or less, further contributing to the supply shortage SEATTLE&#8211;(BUSINESS WIRE)&#8211; (NASDAQ: RDFN) \u2014 More than nine of every 10 (91.8%) U.S. homeowners with mortgages have an interest rate below 6%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That\u2019s down just slightly from the record high of 92.9% hit in mid-2022. That means well over92% of homeowners with mortgages have mortgage rates below the current weekly average of 6.71%, which is near the highest &hellip; Continue reading &quot;Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-14T11:09:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230614277242r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put\",\"datePublished\":\"2023-06-14T11:09:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\\\/\"},\"wordCount\":1221,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230614277242r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\\\/\",\"name\":\"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/","og_locale":"en_US","og_type":"article","og_title":"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put - Market Newsdesk","og_description":"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put Another reason sellers are staying put is because they bought recently; a record 60% of mortgage holders have lived in their home for four years or less, further contributing to the supply shortage SEATTLE&#8211;(BUSINESS WIRE)&#8211; (NASDAQ: RDFN) \u2014 More than nine of every 10 (91.8%) U.S. homeowners with mortgages have an interest rate below 6%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That\u2019s down just slightly from the record high of 92.9% hit in mid-2022. That means well over92% of homeowners with mortgages have mortgage rates below the current weekly average of 6.71%, which is near the highest &hellip; Continue reading \"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-14T11:09:45+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230614277242r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put","datePublished":"2023-06-14T11:09:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/"},"wordCount":1221,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230614277242r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nearly-everyone-with-a-mortgage-has-an-interest-rate-below-6-prompting-many-to-stay-put\/","name":"Nearly Everyone With a Mortgage Has an Interest Rate Below 6%, Prompting Many to Stay Put - 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