Housing Market Reality Check: Homeowners Finally Accept 3% Mortgage Rates Aren’t Coming Back

Fast Company, Aug. 6, 2025-Meghan Malas
Homeowners are slowly coming to terms with the likely reality that ultralow 3% and 4% mortgage rates from the ZIRP era—i.e., the Zero Interest Rate Policy following the Great Financial Crisis and during the COVID-19 pandemic—aren’t coming back anytime soon, and that their next mortgage rate will likely be higher than their last.
Click here for more (subscription)