Lock-In Effect ‘Trapping’ Homeowners, Preventing Moves: Report

Thursday, December 11, 2025

The lock-in effect—the gap between existing mortgage payments and the cost of financing a home today—continues to widely affect housing supply and is “trapping” homeowners into staying where they are, according to new data from Realtor.com®.   The new Realtor.com report details how a homeowner wishing to move but locked-in at a lower mortgage rate…

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