2020 mortgage rate forecast: low and stable, according to Bankrate

Good news! Experts predict mortgage rates will likely remain low and stable in 2020. Contact us for more knowledge and strategies.


Mortgage rate forecast for 2020: Experts predict low rates will last
“If you’re looking to buy a home or refinance your current one in the new year, there’s good news: Today’s low mortgage rates are expected to continue into 2020.
The average 30-year fixed mortgage rate started 2019 at 4.68 percent and steadily declined before closing out the year at 3.93 percent. In 2020, rates are expected to remain mostly stable, not straying too much higher or lower from the 4 percent mark.”