Low mortgage rates benefit home buyers but not without housing market repercussions

In a coronavirus-created environment of severe inventory shortages and rising prices, home shoppers do have one advantage in the form of extremely low interest rates. Yet, while propitious today, the latter bear repercussions for the U.S. housing market for years to come. Chief Economist Ali Wolf speaks with Forbes about how some home buyers, especially those signing contracts on new builds, are already seeing loan rates below 3% with the help of sale incentives from homebuilders and developers