---
title: The chart below shows the distribution of interest rates on outstanding US mortgages
description: "Over 30% of borrowers have rates below 3%, up from just ~5% of borrowers prior to the pandemic.\nVirtually no new mortgages are being taken out at 7%+ interest rates that we currently see. real estate market seems to be frozen\nSource: The Kobeissi Letter, ICE"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [The chart below shows the distribution of interest rates on outstanding US mortgages](https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-6f9d603e)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Nov 7, 2023, 9:23:13 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-6f9d603e)

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