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Posted: 2025-06-01 15:51:47 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-06-01 15:52:08 UTC
Verified By
Rollup News
The percentage of US mortgages with rates above 6% has reached an 11-year high, increasing fivefold in the last 3 years. Simultaneously, mortgages with rates below 3% have decreased to a 4-year low, signaling a shift as homeowners relinquish low-rate pandemic-era mortgages, potentially increasing housing market supply.
Increase in mortgage rates above 6%
Decrease in mortgage rates below 3%
Potential increase in housing market supply
Homeowners letting go of low-rate mortgages
Increase in higher mortgage rates