A property for sale in Washington on May 19, 2025. Madalina Vasiliu/The Epoch TimesGolden handcuffs in the U.S. housing market remain firmly locked, with pandemic‑era mortgage rates still accounting for about half of all outstanding loans.At the onset of the COVID-19 pandemic in 2020, the Federal Reserve slashed interest rates to zero percent to cushion the economic blows of the public health crisis.
Half of US Mortgages Still Carry Rates Below 4 Percent
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