mortgage rate forecast: Mortgage Bankers Association August 2021 Rate Forecast
- 04/25/21 09:30 PM
Mortgage Finance Forecast for August 2021
Advancing Mortgage ForecastOur last review of the Mortgage Finance Forecast occurred in January 2021 and suggested that the historically low mortgage rates of the past were behind us. As we move into the second quarter of 2021, the forecast holds however our mortgage rates have fallen for a third consecutive week as of April 22, 2021, and are currently below the rate from one year ago. The forecast has rates averaging 3.4 percent by the end of June 2021 which means that the rates we are currently experiencing need to jump in order for the average … (2 comments)
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mortgage rate forecast: Mortgage Bankers Association January 2021 Rate Forecast
- 01/23/21 08:52 PM
Mortgage Rate Forecast Jan 2021 Advancing Mortgage ForecastThe January 2021 forecast suggests that the historically low mortgage rates of the past are truly behind us. At the moment, the mortgage rates, albeit inflated slightly from the last quarter of 2020, remain favorable with intentions to stimulate demand by prospective homebuyers. The forecast of the later quarters of 2021 are each up one tenth of a point from the previous forecast while the rates continue to advance moving forward.
Historical Perspective The mortgage rate graph depicts a steady decline during the past 40 years. The graph was from a housing and economic recovery … (1 comments)
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Mortgage Finance Forecast for August 2021
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