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Home / News / Economy / Redfin survey: Just 6% of homebuyers would cancel plans to buy if mortgage rates surpassed 5% (access required)

Redfin survey: Just 6% of homebuyers would cancel plans to buy if mortgage rates surpassed 5% (access required)

Just 6 percent of prospective homebuyers would halt their home search if mortgage rates rose above 5 percent, according to a late-2017 survey commissioned by Redfin, the next-generation real estate brokerage. This represents a modest one-point increase in the portion of buyers who responded this way to a similar survey question in May, revealing that ...

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