Will Mortgage Rates Rise After Election?

This year mortgage rates reached an all time low for home buyers.  After the 2016 election rates jumped from 3.74% to 4.24%. Many economists agree that mortgage rates will hover around 3%.  The Federal Reserve has been keeping the Federal Funds Rate near zero which indirectly helps mortgage rates stay low.  Additionally, there is still some uncertainty regarding the economy and COVID-19.  Please contact Ed Curry at 941-799-9440 if you are thinking of selling or purchasing a home.

Published by edcurryrealtor

Serving Sarasota and Manatee County home buyers and sellers with honesty, integrity and professionalism since 2002.

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