Reflecting on the 30-year Fixed Rate Mortgage Posted in Economist Commentaries, by Ken Fears, Director, Regional Economics and Housing Finance on August 5, 2013 You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Reflecting on the 30-year Fixed Rate Mortgage”. Tags:Housing Market,Mortgage Rates Related Posts How to Sell in Winter Months Credit Availability: Trends, Issues, and Implications for First Time Home Buyers Comments April Lovato Great infographic. Fixed rate mortgage is very important. Thanks a lot for sharing this. Tuba Gokcek NAR should encourage the Fed to continue its MBS and Treasury purchase programs until the economy fully recovers. Rising mortgage interest rates slow down the recovery of the housing industry and hence the economy in multiple ways. There are still millions of unemployed and underemployed people who cannot buy a home or refinance their mortgage unless the rates go back to their lower levels.