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Why American Homeowners Are Stuck

September 30, 2026 at 09:19 PM

Paywall

The gap between today’s mortgage rates and the low rates many homeowners locked in before 2022 is reducing moves and home sales. This is limiting the supply of homes for sale and contributing to higher prices, explains Bloomberg Opinion columnist Justin Fox. (Source: Bloomberg)

The gap between today’s mortgage rates and the low rates many homeowners locked in before 2022 is reducing moves and home sales. This is limiting the supply of homes for sale and contributing to higher prices, explains Bloomberg Opinion columnist Justin Fox. (Source: Bloomberg)

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