Today's low mortgage rates could limit the future housing supply

Today’s low mortgage interest rates are making homeownership more affordable for more people and have stimulated a real estate boom that has been a rare bright spot in this uneven pandemic economy. But this boom foreshadows a coming bust, especially in cities where housing is already in short supply. Here's what may happen and what you can do to prepare.

Today's low mortgage rates could limit the future housing supply

Photo: www.bankrate.com