What Will Interest Rates Do in 2021?
✉️ Want to forward this article? Click here.
Long-term mortgage rates seemed to drop lower and lower in 2020. So what do experts think will happen with rates this year?
Bankrate's chief financial analyst Greg McBride recently said that after a bumpy ride, he believes rates will end 2021 above 3 percent.
story continues below
story continues above
“It will be an especially volatile year for mortgage rates, with fixed rates falling to even lower lows early in 2021 on economic concerns but rebounding in the back half of the year as widespread vaccinations lead to a surprisingly strong surge of economic activity — and the inflation worries that come with it,” McBride said recently.
This line of thinking is generally in line with what other industry professionals are thinking. The National Association of Realtors predict that rates will average 3.1 percent in 2021 and the Mortgage Bankers Association pegs a higher average rate of 3.3 percent.
See other articles related to: interest rates, mortgage rates
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/what-will-interest-rates-do-in-2021/17725.
Most Popular... This Week • Last 30 Days • Ever

This week’s Best New Listings includes a Capitol Hill rowhome that checks a lot of ... read »

Reports over the last week have suggested that a flood of homes hit the market as the... read »

Fifteen years later, plans appear to be back in the works for one of Georgetown's mos... read »

The listing is the largest residence in the building and lives like a townhome, with ... read »

The wheels are in motion to convert an office building in downtown DC into a large re... read »
- Best New Listings: Checking Boxes On The Hill; Above The Trees In Dupont
- The DC Area Is Not Seeing A Surge Of Homes Hit The Market Due To Federal Layoffs
- Fifth Time's A Charm? A 21-Unit Development Is Back On The Table For Georgetown Exxon Site
- One-of-a-Kind Residence in a Former Embassy Hits the Market in Adams Morgan
- DOJ-To-Residential? 500-Unit Apartment Conversion Pitched For Judiciary Plaza Office Building
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro