The real housing debate boils down to this: Should all Americans continue to have relatively easy access to the pre-payable, 30-year, fixed-rate mortgage?
U.S. 30-year mortgage rates fell to the lowest in three weeks, reducing borrowing costs for homebuyers as the residential-property market strengthens. The average rate for a 30-year fixed mortgage dropped to 4.31 percent in the week ended today from 4.37 percent, McLean, Virginia-based Freddie Mac said in a statement. The average 15-year rate slipped to…