The report found that 87% of borrowers are overpaying, costing the average homeowner more than $3,300 a year.
On the wire
The following items are drawn directly from the research seed for this topic. Headlines and excerpts below reflect source material; no additional facts have been invented.
1. Report: Most homebuyers are overpaying on their mortgage
The report found that 87% of borrowers are overpaying, costing the average homeowner more than $3,300 a year.
Report: Most homebuyers are overpaying on their mortgage
...
Bankrate found 87% of borrowers aren't shopping around for mortgage rates, costing the average homeowner more than $3,300 a year.
New research finds 87% of borrowers overpay on mortgages.
New research from Bankrate finds most borrowers aren't shopping around for rates, leaving thousands of dollars on the table.
The good news: it's not too late to save.
2. Homeowner mortgage rates: Here's the breakdown of U.S. ...
Just four years later, that share has jumped to over 30%, according to ICE Mortgage Technology.
A surprising share of homeowners have high mortgage rates. Here’s the breakdown
...
If the average on the 30-year fixed mortgage moved to 6%, 5.5 million current homeowners would be able to benefit from a refinance.
About 20% of borrowers have mortgages with a rate over 6%.
A 15-basis-point drop on the 30-year fixed rate would save only about $35 a month on the mortgage payment for the average-priced home.
The share of U.S. homeowners with high rates on their mortgages has jumped sharply in just the last few years.
That’s having a marked impact on the refinance market and a
3. Who would buy a home at today's mortgage rates?
The housing consulting firm John Burns Research & Consulting surveyed homeowners and renters about the highest rate they would accept on a mortgage.
Who would buy a home at today's mortgage rates?
Mortgage rates are stuck at their highest level in 3 years — but there's a silver lining
...
Who wants to buy a home when mortgage rates are above 7%?
The answer, unsurprisingly, is not many people.
Just 6% said they would be willing to pay 7.5% to 7.99%, around today's current levels.
But if rates fell below 5.5%, nearly half of those surveyed w
4. Higher mortgage rates keep home sales stuck around year ...
The housing consulting firm John Burns Research & Consulting surveyed homeowners and renters about the highest rate they would accept on a mortgage.
Higher mortgage rates keep home sales stuck around year-to-date lows
...
Mortgage rates are stuck at their highest level in 3 years — but there's a silver lining
Existing US home sales eked out a small monthly increase in September, despite higher mortgage rates, although sales remained near their lowest levels of the year.
Home sales rose 1.5% in September from a month earlier to a seasonally adjusted annual rate of 3.99 million, according to National Association of Realtors data released on Tuesday.
Compared to a year ago, sales are down
5. www.nber.org · digest · 202411Quantifying 'Mortgage Rate Lock' for US Homeowners | NBER
They calculate that each percentage point increase in the currently prevailing mortgage rate above a borrower’s origination rate is associated with a 7.7 percent decline in that borrower’s quarterly probability of moving.
Quantifying 'Mortgage Rate Lock' for US Homeowners
The traditional 30-year, fixed-rate, nonassumable mortgage used by most home buyers in the United States can create strong disincentives to move when interest rates rise.
In Household Mobility and Mortgage Rate Lock (NBER Working Paper 32781), Jack Liebersohn and Jesse Rothstein find that rising rates in the last three years have discouraged mobility for homeowners with fixed-rate mortgages.
Because rising interest rates
6. More Homeowners Have a Rate Above 6% Than ...
More than one in five (21.2%) mortgaged U.S. homeowners had a 6%-plus rate in the third quarter, up from 17.1% a year earlier and the highest share since 2015.
More Homeowners Have a Rate Above 6% Than a Rate Below 3% For the First Time in 5 Years
...
Published on February 27th, 2026 by Dana Anderson
*21% of U.S. mortgaged homeowners have a rate of 6% or higher, the highest share in a decade.
20% have a rate under 3%, the lowest share in 5 years.
*The shift in mortgage-rate distribution reflects the fact that rates have been above 6% for nearly 4 years.
*Redfin economists say this c