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The Independent UK
The Independent UK
Business
J.R. Duren

Almost half of homeowners feel trapped by high mortgage rates, study reveals

Janet Yellen

Millions of homeowners are facing a stark reality driven by high mortgage rates.

Some 46 percent of homeowners feel trapped in their homes because they don’t want to give up their low mortgage rates, according to a survey of 1,000 U.S. adults aged 25 or older published Tuesday by moving firm Storable.

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