Why So Few Houses For Sale? Pandemic-Refinancers Have 24 Billion Reasons to Stay Put
If you’re house hunting and having trouble finding anything for sale, you can partly blame the 14 million mortgage holders who took advantage of ultra-low interest rates in 2020 and 2021. Key Takeaways About 14 million mortgage borrowers refinanced their homes between 2020 and 2021. Rates were at all-time lows during the pandemic, sinking as … [Read more…]