Ackman Pitches Prepayment Penalties as Way to Cut Mortgage Rates

Ackman's proposal raises important questions about the balance between borrower benefits and lender stability. While prepayment penalties could theoretically lower rates, they may also deter potential homebuyers who value flexibility. This could lead to a market where affordability is prioritized over borrower autonomy, potentially creating long-term implications for housing accessibility. The effectiveness of such a strategy hinges on market acceptance and regulatory considerations.