
Mortgage Rates are Now Breaking New Lower Territory, And They Could Stay There for Months
CNBC, Mar. 22, 2019–Diana Olick
“The combination of lower rates – especially compared to last spring – and moderating home-price growth improves buyers’ purchasing power and will hopefully translate to a somewhat faster pace of home sales than previously expected,” said Mike Fratantoni, chief economist for the Mortgage Bankers Association.