Why do people keep saying this? Sure interest rates were high a long time ago but right now today there are a crap load of people with low interest rate mortgag

Why do people keep saying this? Sure interest rates were high a long time ago but right now today there are a crap load of people with low interest rate mortgages effectively trapped in their houses. When more than half of the population has a 5% or higher mortgage rate then you can start to say it’s not that high. https://calculatedrisk.substack.com/p/fhfas-national-mortgage-database-243?utm_source=chatgpt.com https://calculatedrisk.substack.com/p/fhfas-national-mortgag...