Money’s 2021 Real Estate Outlook: What to Expect for Mortgage Rates, Home Prices and More

Money, Dec. 22, 2020–Leslie Cook
According to Joel Kan, associate vice president of economic and industry forecasting for the Mortgage Bankers Association, the recent news of the approval and initial distribution of the first COVID-19 vaccines can provide a much-needed boost to the economy. He also pointed out that a new stimulus package can help spur that economic growth, helping to push interest rates higher in the long run.