Easing housing market lock-in? 47% of homeowners say they’d accept up to 6.0% mortgage rate on their next purchase

A survey conducted between April 21 and May 21, 2026, revealed that 47% of U.S. homeowners would accept a mortgage rate of up to 6.0% for their next home purchase. This finding comes from the third iteration of the TurboHome-ResiClub Housing Sentiment Survey, which polled 430 U.S. adults to track evolving consumer attitudes on housing affordability, mortgage rates, and home prices. The survey, a collaboration between ResiClub and TurboHome, a platform integrating real estate agents with AI tools, aims to provide insights into the housing market's dynamics. While homeowners' primary reason for staying put is that their current residence meets their needs, affordability pressures are significantly influencing mobility decisions. Approximately 20% of respondents cited high home prices or elevated mortgage rates as the main deterrents to moving. Furthermore, about 10% of surveyed homeowners indicated that their current low mortgage rate prevents them from selling and buying again. This suggests that while some homeowners are adjusting to a higher-rate environment, many potential buyers are still hesitant to enter the market. The survey also noted that only a minority of respondents expressed a high likelihood of purchasing a home within the next year.