Mortgage holders fall into 3 groups

Mortgage holders fall into 3 groups, from those with rock-bottom rates to over 6%

Mortgage rates don’t just affect your monthly housing payments — they can influence your ability to move and upsize your home. Two households with similar incomes and home values can have radically different financial flexibility, simply because of timing. An article in Fortune suggests that today’s housing market has split homeowners into three distinct mortgage classes. Full article here:...

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