As mortgage rates plummeted to record lows in 2020 and 2021, homeowners made the logical decision to snap up cheap money and refinance. Now that rates have more than doubled, homeowners are again ...

(NewsNation) — Homeowners have been reluctant to sell due to elevated mortgage rates, but a new report shows the so-called “lock-in effect” is starting to ease. In the first quarter of this year, 6 in ...

Realtor.com reports that the steep jump between current low mortgage payments and the much higher costs of buying a home today has created a nationwide “lock-in effect” that is suppressing mobility, ...

The housing market’s lock-in effect refers to a phenomenon where some homeowners, faced with rising mortgage rates, choose to stay in their current homes rather than selling and taking on a higher ...

Federal Reserve Chairman Jerome Powell told reporters on Wednesday that the U.S. housing situation is a “complicated one” and that “bringing inflation down” is the best thing officials can do to help.

Strong labor market and consumer confidence bolster economic resilience, but homeowners' show reluctance to relinquish low mortgage rates. Amid a volatile global economic landscape, the U.S. economy ...

The mortgage rate “lock-in” effect has been hotly debated. Experts have vehemently disagreed on the timing, drivers and implications of mortgage rate lock-in. This effect is explained as a phenomenon ...

Simply sign up to the Property sector myFT Digest -- delivered directly to your inbox. One of the seemingly-odd things about the US economy has been housing’s resilience to a massive upswing in ...