Competition for homes in February among U.S. buyers for this spring heated up for the second month in a row, after news that mortgage rates will go up through 2022, according to OJO Labs, which runs the Movoto by OJO real estate search site.
It said that 39.9 percent of homes have sold for more than their list price in February, compared with 36.2 percent in January, an increase from the 30.7 percent in February 2021.
