An exceptionally low mortgage rate can be a blessing — but it can also be a curse. A low interest rate is all well and good while you live in the house your mortgage is attached to, but if you decide you want to move, it becomes hard to make the case for it financially.

Take, for instance, the situation many pandemic-era homebuyers are now stuck in: "With 30-year mortgage rates currently averaging about 7%, homeowners who secured rates closer to 3% during the pandemic are hesitant to sell their homes," said CBS MoneyWatch . But what if you have to make a move, or really want to? Here are some steps you can take to navigate the dilemma of trading in your rock-bottom mortgage rate for one that is higher.

Consider whether the move really makes sense

If your mortgage rate is going

See Full Page