Housing Market

Growth in Mortgage-Rate Locks For Second Homes Dropped to Pre-Pandemic Levels in May

Though mortgage-rate locks for second homes were up nearly 50% year over year in May, the growth rate is returning to pre-pandemic levels as high prices and tighter lending rules make vacation-home buyers think twice.  The number of buyers who locked in mortgage rates to purchase a second home nationwide rose 48% year over year […]
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