Historic Low Mortgage Rates are In the Rear View Mirror

Historic low mortgage rates are in the rear view mirror.
Hope you refied or bought when rates were great, just another significant reason that homes for sale (inventory) is half of what it used to be for decades. This Guru predicts this is the new norm for years to come.
A question I hear everyday is, “if I sold at a peak price, where would I go”? Thus the dilemma.
Millions of Homeowners have mortgages below 3% and property taxes 1/3 if what a new home would cost. Plus 4-5% new mortgage
Do the math for your home v. Next home.
Sales volume and new mortgages will continue to shrink compared to historical trends.
What do you think?
Real Estate Guru