Why 2 Million Home Sales Are Frozen in Rate Lock-In

Podcast: Solving America's Problems · Jerremy Alexander Newsome & Dave Conley

Opublikowano: 2026-08-31

More than half of Americans with a mortgage are locked in under 4%, and that lock-in alone has frozen out nearly two million home sales. JD Cobb's answer sounds backwards: don't wait for the rate, buy at today's price and refinance later. He walks Jerremy Alexander Newsome and Dave Conley through what a refinance actually involves, the four Cs every lender checks, and who owns your loan once it's sold on the secondary market. He explains why a portable mortgage would unfreeze the market and why mortgage-backed securities make it so hard. He also names the loan programs that were...