lock in
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The lock-in effect — which refers to homeowners not wanting to move because they don’t want to take on a much higher mortgage rate than their existing one — constrained housing supply and drove up home prices over the last few years as buyers converged on a smaller pool of properties in the aftermath of the pandemic.
From MarketWatch
The lock-in effect has “faded somewhat already,” Divounguy said, as evidenced by more listings hitting the market.
From MarketWatch
This can result in Medicare Advantage “lock-in” for individuals with costly care needs, meaning they are unable to obtain Medigap coverage to help offset high out-of-pocket costs in traditional Medicare.
From Science Daily
Realtor.com’s Berner said expanding loan assumptions to mortgages backed by Fannie and Freddie could help ease the so-called lock-in effect, a term used to describe the reluctance of homeowners with ultralow mortgage rates to sell their homes.
From MarketWatch
Hint: It’s not just the ‘lock-in effect’
From MarketWatch
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
