Mortgage rate forecast for June 2021: Expect rates to creep up

ith the CDC recently revising its guidelines on mask-wearing for fully vaccinated Americans, many are hopeful that the worst of the coronavirus is behind us. Mortgage seekers have benefitted from recent dips in the 30-year benchmark fixed mortgage rate, including a drop below 3 percent in late April.

But those in the know aren’t confident these historically low rates can continue their downward trajectory. In fact, many predict slightly higher rates in the weeks ahead. For homeowners and homebuyers on the fence, that may provide extra motivation to act sooner and capitalize on today’s low rates before further climbs occur. READ MORE


Submit a Comment

Your email address will not be published. Required fields are marked *