Is the mortgage lock-in effect ending? These numbers offer clues

The Federal Reserve's decision to make a series of historic short-term rate cuts at the height of the pandemic has proven to be a double-edged sword, with the sharpest point being the percentage of would-be homesellers locked into their homes by 2 percent to 3 percent mortgage rates.

My Favorite Amazon Deal of the Day: This Amazon Kindle Paperwhite Bundle

We may earn a commission from links on this page. Deal pricing and availability subject to change after time of publication.Did you know you can customize Google to filter out garbage? Take these steps for better search results, including adding my work at Lifehacker as a preferred source.It's not o

Pending home sales jumped 4% in August in positive market signal

NAR Chief Economist Lawrence Yun said lowering mortgage rates were leading to more buyers coming to market, but Bright MLS Chief Economist Dr. Lisa Sturtevant said hopes for a fall market rebound should stay tempered.

The Out-of-Touch Adults' Guide to Kid Culture: What Is 'Steal a Brainrot'?

Are you old enough to remember talking to your friends on the phone all the time? A phone with a cord? Then welcome to the Out of Touch Adults’ Guide to Kid Culture, a guide to what's going down with all the youths out there. This week, the young 'uns are stealing each other's brainrots, guzzling he