Interpreted Prediction
The homeowner 'lock-in effect' is expected to begin easing by 2025 for some homeowners (specifically those who bought in 2022 at 5% rates) and gradually diminish over approximately the next decade.
AI Evaluation Notes
The prediction stated that the lock-in effect would begin easing in 2025. While it's still early in 2026, some sources indicate a slight easing, suggesting the prediction is partially correct as the market hasn't fully unlocked, but there are initial signs of movement.