Mortgage Rates Fall Again

Shrinking Inventory May Raise Prices Again

Affordability Still Plagues Many Households: “Only by adding more new supply, via housing starts, can home prices be tamed,” he says. Even as Mortgage Rates Fall Again: Average fixed-rate mortgages once again fell back to near 20-month lows. After rising slightly last week, mortgage rates reversed course this week, sending borrowing costs lower and allowing home buyers and refinancers to lock in rates that haven’t been this low since May 23, 2013. Home prices have jumped 20 percent over the last two years, See Interest Rates Increase Projection.