We bought a house with a 2.5% mortgage rate a few years ago. Our family's much bigger now, but moving is not an option.

A family bought a four-bedroom house in 2019 with a favorable 2.5% mortgage rate but now finds themselves needing more space as their family has grown to seven members. They are unable to move due to the high cost of current mortgage rates, which would double their monthly payment. Instead, they have focused on renovating and optimizing their existing home to accommodate their needs.

Read the full article at Business Insider

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