Redfin: 'Lock-In Effect' Continues to Ease

by amyc

In Q1 2024, 86% of owners had a rate below 6%, down from the 2022 high of 93%. Rates need to dip more for the lock-in effect to loosen further.

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Claudio Moreira

Claudio Moreira

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+1(386) 343-0145

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