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In the fourth quarter of 2025, 18.8 percent of house hunters across the United States were looking to relocate to a different part of the country.
This was up from 17.9 percent a year back and 15.9 percent five years ago during the COVID pandemic period, real estate brokerage Redfin said in a March 10 statement.
During the pandemic in 2020 and 2021, the average weekly mortgage rate on a 30-year fixed-rate mortgage mostly hovered around 2.5–3.5 percent, according to Freddie Mac. Pandemic-fueled remote work was also common. These factors drove many people to relocate, the brokerage said.
Mortgage rates began to climb in the following years, hitting a peak of 7.79 percent in October 2023. In January 2025, rates hit 7.04 percent and have been declining since. For the week ending March 4, the rate was 6 percent….
This was up from 17.9 percent a year back and 15.9 percent five years ago during the COVID pandemic period, real estate brokerage Redfin said in a March 10 statement.
During the pandemic in 2020 and 2021, the average weekly mortgage rate on a 30-year fixed-rate mortgage mostly hovered around 2.5–3.5 percent, according to Freddie Mac. Pandemic-fueled remote work was also common. These factors drove many people to relocate, the brokerage said.
Mortgage rates began to climb in the following years, hitting a peak of 7.79 percent in October 2023. In January 2025, rates hit 7.04 percent and have been declining since. For the week ending March 4, the rate was 6 percent….
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