The mortgage rate "lock-in" effect — the phenomenon that's frozen over the US housing market and vaulted home prices higher — could end up lasting for years to come, according to a group of ...

(NewsNation) — Homeowners have been reluctant to sell due to elevated mortgage rates, but a new report shows the so-called ...

Joe Raedle / Getty Images Homeowners with low mortgage rates are realizing $66,000 in “lock-in effect” savings, a Freddie Mac report shows. As of October 2023, customers had locked in a total ...

This is called the lock-in effect — and it could linger for decades. "Unfortunately, we've known about the lock-in possibility for many, many years," John Campbell, a Harvard economist ...

Generational battles, elevated interest rates and the lock-in effect are just a few of the factors weighing on homebuyers. Even with an affordability crisis, elevated interest rates and the impact ...