American mortgage rates have dropped again to the lowest since data-keeping began. So reports Bloomberg.

Bill Bodnar of The Mortgage Market Guide says there’s a limit to how high mortgage backed securities prices can go.

As of April 23, more than 3.4 million homeowners are now in forbearance plans, representing 6.4% of all active mortgages. That’s according to newly released data from Black Knight’s McDash Flash Forbearance Tracker.