According to Lawrence Yun, chief economist for the National Association of REALTORS®, the 30-year fixed-rate mortgage could drop to 3.3% by the end of this year. Don’t miss out on this historic opportunity!
Yun: Mortgage Rates May Reach Record Low by Year’s End
“Economists expect that at the Fed’s next meeting on Sept. 17, it will cut interest rates by another quarter-point. […] If the 30-year fixed-rate mortgage reaches Yun’s predicted 3.3% average, that would sit slightly above the lowest-ever recorded average of 3.31%, which was set in November 2012, according to Freddie Mac.”