B of A says housing market is "stuck"

[Alan F.]

In an article I read Michael Galpen of B of A says the housing market is stuck til at least 2026 if not longer. Mentioned % rates for mortgages may not come despite any fed adjustments.  He Also mentioned the "lock in affect" of lower mortgage rates from years past may push out any adjustments for 8 years. What are everyone's thoughts on this scenario as well as the economy as a whole?