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.
