Tom
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The Housing Market's Mortgage Lock-In Problem Isn't Solving Itself
Sellers in the current environment face a choice that isn't going away: wait for rates to fall to a level that eliminates the lock-in penalty, or sell now and accept that the move is expensive in rate
Sellers in the current environment face a choice that isn't going away: wait for rates to fall to a level that eliminates the lock-in penalty, or sell now and accept that the move is expensive in rate...
Source Reference
Originally published by Forbes
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