Tag

interest rate lock-in

Home Ownership and the Interest Rate “Lock-in Effect”

Rising Rates Deter Home Buying & Selling, Right?  Not Necessarily (and, who says they’re rising??) “Now that interest rates have begun to turn up from their historic lows, the housing market may face a problem called “the lock-in” effect, where homeowners are reluctant to move, since moving might entail taking out a new mortgage at...
Read More

Archives