mortgage rate lock in effect
Mortgage Rates Vs Relocation - Worth the Risk?
Homeowners who locked in sub-3% mortgage rates before 2023 still enjoy a built-in rate-lock advantage despite September 2026’s 7% average 30-year fixed rate. This advantage translates into lower monthly payments, higher cash flow, and a stronger equity position when relocating or refinancing. 7% is the average 30-year fixed mortgage