The housing market has been frozen for 3 years. Here's why this spring could finally change that
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The housing market has been stagnant for three years, but there are indications that this spring may bring change. Mortgage rates have fallen below 6% for the first time in years, which could potentially ease the "lock-in effect" that has been contributing to the market's inactivity. The impact of these developments on homebuyers, including millennials, and related industries, such as furniture stores, is being closely watched.
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