Thinking about moving? Homeowners who locked in super-low mortgage rates during the pandemic are now holding tight to their homes. Why? If they buy now, their monthly payments could jump by $1,000 or more! This “lock-in effect” means fewer homes for sale and higher prices for everyone. But if you’re buying soon, recent rate drops could save you about $200 a month—enough for a few extra coffee runs! #RealEstate #mortgage #housingmarket