Name: January 2020 Mortgage Rates Forecast
Uploaded: 2020-03-05T05:40:15.000Z
Duration: 1 min 37 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

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and today we're gonna review the mortgage rate forecast

2019 was a fantastic year for mortgage rates.

Dropping rates helped many homeowners refinance

It's estimated that over six million people purchased homes

According to six major housing authorities,

a lower average than what we saw in 2019.

which is giving consumers confidence to apply

Despite predictions of low rates this year,

After all, you don't lock in an average rate.

You lock in on a certain day and even hour.

during the first six months of 2020, and four the last half.

So at the end of the day, don't put too much confidence

and in January 2020 we expect rates to be in the 3.7 range

for well-qualified applicants, which is very low.

So as we head into 2020, you might want to think about

Anything can happen, and you want to be on the winning side

of low rates to save you the most amount of money.

For more on this topic, for more about the interest rates

visit us online at TheMortgageReports.com.

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January 2020 Mortgage Rates Forecast

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