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The Mystery of Low Mortgage Rates

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The Mystery of Low Mortgage Rates

The Mystery of Low Mortgage Rates

The Mystery of Low Mortgage Rates

  • Download
  • <iframe src="https://www.npr.org/player/embed/4709046/4709047" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Federal Reserve Chairman Alan Greenspan says it's "without precedent." So why are long-term mortgage rates still so low when short-term interest rates are on the rise? What are the economics behind low mortgage rates?