Comment on 22 cities where homebuyers and owners will benefit most as interest rates tumble

22 cities where homebuyers and owners will benefit most as interest rates tumble

Both homebuyers and owners should benefit from lower mortgage rates.IP Galanternik DU/Getty Images Affording a home still isn't cheap, but it's not the Herculean challenge it was a year ago. Mortgage rates are down, but many owners and buyers are waiting for them to fall more. Here are 22 real-estate markets that will gain from lower rates, according to Realtor.com. Home affordability has improved significantly as mortgage rates slide from multi-decade-highs, and prospective buyers aren't the only ones celebrating.Borrowing costs are far lower than they were last fall.

 

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