This is the real-economy, human tragedy routinely overlooked within the Fed's policy mistake of unsustainably forcing down long interest rates.

https://fred.stlouisfed.org/graph/?g=14ImM

Holders of big mortgages taken out at low rates are trapped in them, so they will continue to suffer in quality of life, and the economy will continue to suffer sub-optimal output as they try to adapt to work in captivity.