Where Are Mortgage Rates Headed

Where Are Mortgage Rates Headed

According to the Mortgage Bankers Association’s forecast, mortgage rates are projected to rise above 5% in 2014, with a 5.3% average in 2015.

Mortgage rates reported this week by the Mortgage Bankers Association are the lowest since June, averaging 4.33%, which is much lower than next years’ forecast. 

Currently the Federal Reserve has an $85 billion per month bond-purchasing program, which the MBA expects them to slowly cutback and eventually end it all together.  This means that mortgage refinancing will continue to drop and less will tap in to the equity in their homes.

If you have been thinking about refinancing or purchasing a home in the valley, now would be an ideal time!!!

Carlie Goulet Emily Duarte Headshot
Phone: 480-999-2338
Dated: November 15th 2013
Views: 7,979
About Carlie Goulet: What We Stand For The Benefits of a Team: We found that using a team of specialists is the bes...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Preparing Your Home For Sale - Home is where the heart is –’
Bring Your Family Home To This Bell West Beauty - Gorgeous Remodel in Bell West!
Why You STILL Need A Real Estate Agent - In this day and age, access
Check Out 1311 East Park Avenue - No need to look any longer to find

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Keller Williams Realty Phoenix
3920 South Rural Road Suite 110
Tempe, AZ