In the US, over 90% of mortgages are fixed rate, locked in at MUCH lower rates than today.

Homeowners aren't going anywhere.....until they have to.

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I'm not going anywhere until I have to.

I just texted that to my parents from their attic.

What’s weird is they are still building homes like crazy here in Vegas. I can’t imagine getting into a high rate mortgage in an inflated market.