Right now a lot of buyers and sellers are on the sidelines waiting for one of two things: Mortgage rates to drop back into the 3% range A major housing market crash The assumption is that both of these things are likely to happen again soon. But when we look at the actual historical data, the reality is much different. Mortgage Rates Under 4% Are Historically Rare 30-year fixed mortgage rates have been tracked since the early 1970s. From 1971 to 2011, mortgag

Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying...