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:
- Joe Petrowsky a Mortgage Consultant, Right Trac Financial Group, Inc.
There’s not much change in mortgage rates and there are significant chances that we will witness a quarter percent rise in the rate.
- Ken Jones of Realty ONE Group - Glendale, AZ
As per my opinion, it's highly unlikely that the inept Federal Reserve will do anything, much less raise interest rates.
- Roy Kelley of Realty Group Referrals - Gaithersburg, MD
There’s no denying that the rates are not going to lower and it is the ideal time to lock in the attractive rates available.
- Conrad Allen of Re/Max Professional Associates - Webster, MA
They might be a 1/4 % higher but nothing amazing.
- Susan Emo of Sotheby's International Realty Canada - Brokerage - Kingston, ON
I would like to allow their financial adviser to help them in making this decision.
- Paul S. Henderson, Realtor, Tacoma Washington
The FED seems to be backing away from earlier statements. I would say lock it in!
- Lise Howe of Keller Williams Capital Properties - Washington, DC
I advice them to talk to their lender.
Not being a lender, I wouldn't advise. But I do suggest they talk to a good lender and make a decision.
- Kathleen Luiten of Princeville, HI
It is recommended to consult a good mortgage broker. My guess is they are more likely to be higher but not much higher.
- Captain Wayne of Rowlett Real Estate School
I don't think there will be a significant change.
Final Thoughts
So, that’s a wrap to the predictions and forecast of current mortgage rates by realtors!
Don’t have time to do so? If so, then you must consider professional assistance!
If you are looking for the best mortgage rates
, PureLoan is here to help you out!
PureLoan is a leading platform that may provide you with the right mortgage rates to make your home as affordable as much. We have a dedicated crew of professionals who can search from a multitude of mortgage programs, allowing you to get the right rates at the best price.
To learn more about mortgage rates, visit https://www.pureloan.com/ today!
