Buyers Walk Away From Second Homes

• Second Home Mortgages Decline
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Happy hump day! And we continue to discuss the housing market and mortgages.  There was a 47% drop in mortgage-rate locks (a lock-in fixes an interest rate between the offer and the closing) for second homes in the U.S. in August compared to pre-pandemic levels, according to new data from real estate listing site Redfin. The data underscores […]