Economy
Low Interest Rates Created This Housing Market Disaster (Video)
Low Interest Rates Created This Housing Market Disaster (Video)
In this 15 June 2026 published video, host Michael Bordenaro talks about how historically low interest rates created today's housing market disaster by sparking a refinancing boom that locked millions of homeowners into 3 percent mortgages. This "lock-in effect" choked housing supply, which, combined with pandemic-era demand, sent home prices to historic highs.
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