Mortgage Outlook: In August Heat, Rates May Go For Dip (Analysis)
Syracuse.com/NerdWallet, Aug. 2, 2021–Holden Lewis
Mortgage rates won’t change much in August, but they’re more likely to edge down than to go up. I wouldn’t be surprised if the average rate on the 30-year fixed dips to 2.75% annual percentage rate at some point in August. The monthly average should end up somewhere between 2.8% and 2.9%.