Inside the Housing Standoff Freezing 1.7 Million Sales (Full)

Solving America's Problems · Sep 10, 2026 · 1h 5m

More than half of homeowners are locked into a rate under 4%, and an estimated 1.7 million home sales never happened because of it. Daniel Sosa has worked mortgages since 2007, when he watched Stockton become the foreclosure epicenter of the country. He tells Jerremy Alexander Newsome and Dave Conley that 65% of today's homeowners sit below a 4% rate with zero incentive to sell, while 5 million buyers wait on a market short roughly 3 million homes. He explains why 97% of today's loans are fully documented and fixed-rate — the opposite of the "Wild West" stated-income loans that caused 2008 —…