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By: Yutthana Gaetgeaw/Getty Images Roughly 72% of potential homebuyers say homeownership would be financially feasible if mortgage rates fell below 5%, according to a recent survey from Realtor.com. That means mortgage rates would need to drop by at least 2% to unlock today’s unaffordable housing market. But there’s a problem. Major forecasts don’t call for…
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By: Yutthana Gaetgeaw/Getty Images To unlock today’s unaffordable housing market, mortgage interest rates would need to fall by at least 2%. Some 72% of potential buyers say homeownership would be financially feasible if rates dropped below 5%, according to a recent survey from Realtor.com. The problem? Major forecasts don’t call for mortgage rates to slip…