Current Mortgage Rates: Predictions and Forecasts by Realtors If you are in a financially good position, you can purchase a home or refinance- meaning you can qualify for a loan and afford monthly expenses. There’s no denying that you should ahead and lock in your rate if you are ready to invest! According to popular real estate experts like Fannie Mae and Freddie Mac, the current mortgage rates are more likely to rise than fall throughout the rest of 2021. And the current 30-year fixed mortgage rate to average 3.2 percent in 2021. The Mortgage Bankers Association expects rates to rise to 3.7 percent by the end of the year.
Let’s discuss the predictions and forecast of the current mortgage rates by some of the famous realtors:
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