> That or allow people to carry their mortgage under the current rate to a new property. This would probably increase the interest rate of new mortgages. Right

> That or allow people to carry their mortgage under the current rate to a new property. This would probably increase the interest rate of new mortgages. Right now, lenders have data that these loans average around ~10 years, and thus have a premium over the 10 year treasury. If they get closed less often, because they can be carried around, we'll see the average as maybe ~15 years, which is a higher interest rate treasury (10-20) and will have higher interest rate costs.