A third of home buyers are paying all cash as mortgage rates stay high, Redfin says

A third of home buyers are paying all cash as mortgage rates stay high, Redfin says

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An increasing share of home buyers are paying all cash as mortgage rates remain elevated, and that is deepening housing inequality, according to a new report. An analysis by real-estate brokerage Redfin RDFN, found that roughly one in three home buyers in the U.S., or 34.1%, were paying all cash…

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