A property for sale in Washington on May 19, 2025. Madalina Vasiliu/The Epoch Times
Golden 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.
