NAR’s Yun: Mortgage rates may tumble to record 3.3% by 2019’s end

NAR’s Yun: Mortgage rates may tumble to record 3.3% by 2019’s end
Fixed mortgage rates could fall to 3.3% by the end of the year as the nation’s economy slows, according to Lawrence Yun, chief economist of the National Association of Realtors. That would put the rate just a smidge below the 3.31% seen in November of 2012 – the lowest average for a 30-year fixed mortgage in Freddie Mac data going back to 1971.
Source: https://www.housingwire.com/rss