Mortgage Rates Today–The Fed Plans to Keep Mortgage Interest Rates Low; Here’s Why Mortgage Rates Could Rise Anyway
Fintech Zoom, Mar. 18, 2021–Jun Min-Seo
The Mortgage Bankers Association “continues to see a very strong housing market, with mortgage applications to buy a home increasing, even as refinance demand wanes,” said Mike Fratantoni, the trade organization’s chief economist. “While mortgage rates are likely to move somewhat higher, the purchase market remains on track for a record year.”
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