The Upsizing Question: How Does Rate Lock Impact Move-Up Transactions?

The rate lock-in effect has been a concern on the minds of many in real estate over recent years as mortgage rates have mostly stayed in the 6%-7% range. Homeowners with rates in the 2%-3% range, while they could potentially afford the price of a new home in selling their current one, have reportedly felt…

The post The Upsizing Question: How Does Rate Lock Impact Move-Up Transactions? appeared first on RISMedia.

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