Where are Mortgage Rates Headed?
Regan Hagestad
August 2, 2016
Today’s mortgage rates remain near three-year lows, but everyone wants to know where they’re headed in the future. According to Realtor.com Chief Economist Jonathan Smoke, global economic concerns—most recently from the Brexit fallout—have kept mortgage rates low as investors seek refuge in dollar-denominated assets, U.S. bonds and U.S. mortgage–backed securities. In addition, the nation’s slowdown in economic growth as a
