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Expecting 13%+ Hit to Home Sales Due to Rising Mortgage Rates

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homeowners, rising mortgage rates, YOY growth, Economic strength, consumer confidence, sales volume
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We surveyed 8,537 current homeowners and asked them how rising mortgage rates will impact their future decision to move. We learned that if rates were 1.0% higher than their current mortgage: 40% would still move. 36% may not move. 24% would definitely not move. With 56% of all transactions reportedly purchased by people who previously […]

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