Where will Mortgage Rates be Headed in 2015? - We finished 2014 with the 30 year fixed mortgage rate at 3.87% as per Freddie Mac. This is very close to the historic lows in the spring of 2013. However, the Mortgage Bankers Association projects mortgage rates to be about 5% by the end of 2015. The website Investopedia agrees and gives some perspective on the 5% rate: “Barring another financial and housing market implosion, and if the economy continues to improve, expect ... ow.ly/2SYUH4
Posted on: Wed, 07 Jan 2015 00:06:10 +0000
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