Rate Forecast

Here is our interest rate Forecast for the next year. Our Chief Economist, Matthew Gardner, predicts that rates for a 30-year fixed mortgage will stay between 3.8% and 3.9% for 2020. He doesn’t see rates going above 4.0% until at least the first quarter of 2021. This is obviously great news for buyers as their...

House Market Opportunities

    1. Move-up buyers — people who have equity in their homes that they can leverage to buy something that they’ve always wanted without increasing their monthly payments. 2. First-time investors — people who can use their equity or savings to buy homes to rent. At current market rents, landlords can cash flow their...

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