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The Reason Mortgage Rates Are Projected to Increase and What It Means for You

February 23, 2021 by Josh Weinberg

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer. Whenever we try to forecast mortgage rates, we should consider the advice of Mark Fleming, Chief Economist at First American: “You … [Read more...]

Filed Under: Now In Real Estate, Property Management Blog, Tiny Homes, Uncategorized, Up-to-date Mortgage Info Tagged With: #Atlanta, #atlantarealestate, #investment, #Investors, #realestate, #sellyourhome, Agent, Broker, Build a home, Build your home, buyers, consumer spending, Down Payment, Economist, Equity, First American, Freddie Mac, Georgia Real Estate, homeownership, homes, housing, Housing Bubble, Investment Property, Joel Kan, Luxury Home, Luxury Homes, Luxury Living, Mark Fleming, Mike Stott, National Association of Realtors, new home buyers, New Home Construction, Property Management, real estate, Real Estate Advice, Sam Khater, sellers, selling your home, Wealth

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Northwest Atlanta Properties

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Professional real estate services for Sellers, buyers, owners & tenants. Specializing in the Northwest Atlanta communities of Roswell, Marietta, Alpharetta, Milton, Woodstock, Kennesaw, and the Surrounding Areas.

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