re: .

quote:

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So are people with less than 3.5% mortgages not going to be able to move or relocate due to them no longer having such a low interest mortgage or are they going to move and relocate to wherever they’re going to and just hang on to their previous home and make it a rental?

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I suspect that a lot of them won't move. I wouldn't if this was potentially our last home. If you have to move for a job or something like that you don't really have a choice.

We'll likely sell this house in 2.5 years or so when the kids are all gone. It will sting giving up such a low rate but I'd still do it and hope to be able to refinance lower at some point.