The past few years the rising mortgage interest rates have created a so-called “golden handcuff
effect”. Realtor.com reports that nearly 82% of homeowners feel locked-in by their existing low-rate mortgage. But that appears to be changing the Federal Housing Finance Agency
reports that the share of homeowners with mortgage interest rates below 3% is slowly declining.
The expert Realtors at Berkshire Hathaway HomeServices Premier Properties are always
keeping an eye on the market.