They got the #lockineffect wrong. People are not locked in because they got their loan at 2% and new loans would be 7%. That's wrong. They are locked in because when you sell your house and you buy a new one you loose a shit ton of the value in bites from all the #sharks. 10% to some deep shit realtor and a bunch of other people who are there just as part of the process. Assholes.