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For Homeowners Who Bought When Mortgage Rates Were Below 3%, Today's Market Is Paralyzing. Some Say '2.5% Is Basically Free Money'
Yahoo Finance· 2025-09-29 17:32
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When mortgage rates dipped below 3% during the pandemic, millions of homeowners locked in deals they now call once-in-a-lifetime. But as rates now hover above 6%, many of those same owners say they feel stuck. Upgrading, upsizing or relocating has become financially irrational, even for families who badly want more space. Low Rates Have Homeowners Stuck In Place The Reddit community r/MiddleClassFinance r ...