Winning Strategies in Real Estate

Where are mortgage interest rates headed?

A buyer must be concerned about more than just prices. The ‘long-term cost’ of a home can be dramatically impacted by even a small increase in mortgage rates.

The Mortgage Bankers Association (MBA), the National Association of Realtors, and Fannie Mae have all projected that mortgage interest rates will increase over the next twelve months, as you can see in the chart below:

Mortgage rates

 

 

 

Tony Morganti, CRS, ABR

330-352-9513

Comment balloon 3 commentsTony Morganti • February 13 2017 03:26PM
Where are mortgage interest rates headed?
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