US Real Estate

Golden Handcuffs Loosen as Mortgages Above 6 Percent Exceed Share Below 3 Percent

‘This crossover reflects a gradual resetting’ in the U.S. real estate market, says Danielle Hale, chief economist at Realtor.com.
Golden Handcuffs Loosen as Mortgages Above 6 Percent Exceed Share Below 3 Percent
A 'For Sale' sign is displayed near a home in Austin, Texas. Brandon Bell/Getty Images
Andrew Moran
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New Realtor.com data show that more U.S. homeowners now hold 6 percent mortgages than sub-3 percent loans for the first time since 2020.

During the third quarter of 2025, 21.2 percent of outstanding mortgages carried interest rates of at least 6 percent, compared with 20 percent that remained below 3 percent.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."