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...
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