The lock-in effect: why half of America's owners won't sell
Millions of homeowners hold mortgages with rates far below today's — and the arithmetic that keeps them put explains the housing shortage better than any villain.
Peter AlmeidaProperty News
A running record of the property market: notable sales, planning approvals and refusals, mortgage rate changes and the developments breaking ground.
The 2026 conforming loan limit is $832,750, and it quietly reshapes who can borrow
The FHFA raised the baseline cap for Fannie- and Freddie-eligible mortgages to $832,750 starting January 1, 2026 — a bigger deal for expensive metros than headlines suggested.
Peter Almeida