Mortgage Rates Hit Another New Low. Why They Could Rise This Year.
By Shaina Mishkin Order Reprints Print Article Mortgage rates hit another historic low this week, according to Freddie Mac—but don’t expect ultralow rates to last forever. The average 30-year fixed mortgage rate was 2.65% for the week ending Jan. 7, 2021, a new low, according to the company’s weekly survey of mortgage rates. In a release, Sam Khater, the company’s chief economist, said recent low rates have been offset by climbing home prices, challenging home affordability. Home... Close Mortgage Rates Hit Another New Low. Why They Could Rise This Year. Mortgage rates...
Source: barrons.com