Here's when homeowners should give up their low mortgage rate to buy a new home, according to experts
Giving up your low mortgage rate to buy a new home may make sense in some scenarios, experts say.
Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home security. Her work appears in prominent media outlets including CBS News MoneyWatch, CNN Underscored and USA TODAY. Sharon's knack for transforming complex concepts into clear, actionable insights makes her articles informative and accessible to readers from all backgrounds. She holds a Bachelor of Arts degree in communications from the University of California, San Diego.
Giving up your low mortgage rate to buy a new home may make sense in some scenarios, experts say.
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