The days of 3 percent mortgages are gone, and 6 percent loans are steadily becoming the norm.

Nearly 1 in 5 U.S. homeowners with a mortgage now has a rate of at least 6 percent — the highest share since 2015, according to a new Redfin analysis of second-quarter data.

That proportion has nearly tripled in just three years, rising from about 7 percent of homeowners in mid-2022 to nearly 20 percent today.

The trend isn't surprising. Mortgage rates have hovered above 6 percent since late 2022. But the shift could have big implications for the

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