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Tracking the States With the Tightest Lock-In Effects
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Tracking the States With the Tightest Lock-In Effects

In This Article Key Takeaways Homeowners are experiencing a significant mortgage lock-in effect, with an average rate gap of 3.15%, making it costly to move. For example, moving from a 4% mortgage to a 7% one can increase monthly payments by $618 or 34%. The rate lock-in gap varies by state, with Colorado having the […]

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