Buying a house is about to be a lot more affordable

Hope may be coming for desperate first-time homebuyers in the form of historically low mortgage rates.
The interest rate on standard 30-year mortgages has sunk and is approaching an all-time low, according to Nishu Sood and Rob Hansen at Deutsche Bank, which could open up the market to first-time homebuyers who have been unable to tap into the housing recovery.
According to a note from the research analysts Wednesday, there are a few reasons to think mortgage rates could reach a record low, and