Where are rates heading in 2018?
- Guaranteed Rate
- Dec 22, 2017
- 1 min read
Thank you to Justin Frady and our friends at Guaranteed Rate for providing this 30,000 foot read on past, present, and future mortgage rate movements.
A few takeaways:
The Fed has been very transparent in its goal to raise interest rates, and we currently have three more expected in 2018.
...expect rates to look very similar to 2017, with perhaps a little less volatility... I think we’ll see 10-years in the 2.25% to 2.75% range, without much risk of moving substantially higher. That means high 3% to low 4% 30-year mortgage rates.
...affordable financing looks set to remain over the next 12 months...
Check out the full article at www.guaranteedrate.com/resources/end-of-year-update.
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