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Story perspectives

Homeowners Feel Trapped by Rising Rates and Space Issues

11/16/2025

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Story summary
  • Many homeowners who bought during the pandemic feel trapped by rising interest rates and limited inventory.
  • Sandy Lachhman and Shaun Parmassar bought a Long Island home in 2022, but it is now too small.
  • Amber McDorman and her husband, who secured a low mortgage rate, struggle with space as their family grows.
  • Lissette Debord has moved to a larger home but faces higher payments.