The low rates, combined with weakened housing prices, provide a great opportunity for homebuyers. Yet many markets are still far from a turnaround.
Americans would rather rent
Despite record-low mortgage rates, dwindling rental supplies indicate Americans are yet to wade back into home-ownership.
Iowa's turnaround town
No one in Newton, Iowa, would say the town's economy has recovered.
Home building spikes higher
Home building spiked up in November to the strongest level in almost two years, as record-low mortgage rates and a surge in apartment and condo construction lifted activity.
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