Existing housing supply builds as homeowners with sub 6 percent mortgage rates return

The share of mortgages with a rate below 6% has fallen from last year's record high, indicating that some homeowners have given up their lower rate to move, according to a recent Redfin report.

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David Palmer , Doug Duncan , Sheharyar Bokhar , Fannie Mae , Redfin Premier , Mae Senior Vice President , Chief Economist Doug Duncan , Home Price Index , Senior Economist Sheharyar Bokhar ,