- First Time Home Buyers
- Where Are Interest Rates Headed in 2019?
Where Are Interest Rates Headed in 2019?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook. As you can see, interest rates are projected to increase steadily throughout 2019.
Written by Keeley Ryan on . Posted in First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
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