Thinking about selling your house or buying a new one? Brace yourself: mortgage payments could spike by $1,000 if you swap your old low-rate loan for today’s higher rates. Many homeowners are staying put to keep their cheap pandemic-era deals, which means fewer homes for sale and tougher house-hunting. In hot spots like San Jose and LA, the jump is even steeper. If you’re locked into a low rate, hanging tight might be your best money move right now. #RealEstate #mortgage #housingmarket