According to new data from Redfin, U.S. mortgage-rate locks for second vacation homes fell 13.1% year over year in August 2024 to the lowest level since March 2016 on a seasonally adjusted basis. By comparison, mortgage-rate locks for primary homes declined 5.2%. Rate locks for second homes were down 59.2% from pre-pandemic levels, compared with a 31.9% drop in rate locks for primary homes. This is...