The Mortgage Lock-In Effect: Why Millions Won’t Move
Over half of U.S. homeowners hold COVID-era mortgages at sub-4% rates. How this lock-in is reshaping housing supply, MBS markets, and Fed policy in 2026.
Over half of U.S. homeowners hold COVID-era mortgages at sub-4% rates. How this lock-in is reshaping housing supply, MBS markets, and Fed policy in 2026.