![The housing market’s lock-in effect could last into the next decade as mortgage rates stay high even with Fed cuts, BofA says](https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-84304696-e1719681250233.jpg?w=2048)
The housing market’s lock-in effect could last into the next decade as mortgage rates stay high even with Fed cuts, BofA says
Fortune“The US housing market is stuck, and we are not convinced it will become unstuck anytime soon.”
“The US housing market is stuck, and we are not convinced it will become unstuck anytime soon.”