Fannie Mae Predicts New Lows for 30-Year home loan prices in 2021

Fannie Mae Predicts New Lows for 30-Year home loan prices in 2021

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Will home loan prices really come down?

Inspite of the recession that is ongoing 2020 happens to be a advertising 12 months for mortgages, with 15- and 30-year fixed loans hitting record lows. But simply whenever you thought things could not improve in the home loan front, they simply might.

Fannie Mae recently projected that the typical 30-year fixed home loan rate will fall to 2.7% the following year, when compared with 3.1% this current year. Continue reading “Fannie Mae Predicts New Lows for 30-Year home loan prices in 2021”