Are mortgage rates headed higher?

The interest rate on the most popular mortgage has fallen to record lows for three months in a row. That streak might snap in September.
The 30-year fixed-rate mortgage averaged 3.08% in August, down from the average of 3.18% in July and 3.33% in June. Fixed mortgage rates have fallen more than three-quarters of a percentage point in a year, motivating many homeowners to refinance.
It’s possible that mortgage rates will continue to drift downward in September, but several forces could comb