An older couple and a Realtor.
Lower mortgage rates should bring life into the US housing market.
  • Mortgage rates should fall as the Federal Reserve cuts interest rates next month.
  • Homebuyers are flocking to cities with affordable homes.
  • Here are 26 popular cities where houses are inexpensive, according to Realtor.com.

A long-awaited reawakening for the US housing market may be right around the corner.

Interest rates are almost certain to fall in September, Federal Reserve Chairman Jerome Powell indicated on Friday, which should help bring mortgage rates down even further.