Why so many Americans feel trapped in their homes by their low-rate mortgages

Bob Wood, 66, has been thinking of selling his home in Mobile, Alabama. The finance professor and his wife, Terri, purchased the 5,000-square foot house with a pool nearly a decade ago. “It’s probably time to downsize,” he said. They would also like to be closer to their grandchildren in Tennessee.

Read more: https://tinyurl.com/mrx4a6yj