The “Long and Lagged” effects of Interest Rates: Corporate Interest Rate “Lock-in”
August 29, 2023 at 13:16 PM EDT
By Brendan Ryan, CFA For the past few quarters, our positive firm view on the homebuilding sector has been in large part due to the idea of “interest rate lock-in” for existing homebuyers. Put simply, homeowner’s existing mortgages are too attractive to part with, constricting overall housing inventory and making homebuilding companies one of the [...] The post The “Long and Lagged” effects of Interest Rates: Corporate Interest Rate “Lock-in” appeared first on ETF Trends .