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Updated 4 months ago on . Most recent reply

Lorraine Hadden's profile image
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Lorraine Hadden
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Lorraine Hadden's profile image
Lorraine Hadden's profile image
Lorraine Hadden
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  • from California
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  • Votes 40
  • Experience 15 Yrs
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Lorraine Hadden
  • Real Estate Broker
  • California
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Personal Finance

Will Mortgage Rates Go Below 3% Again?

Lorraine Hadden
  • Real Estate Broker
  • California
Posted

It wasn't long ago that mortgage rates dipped below 3%.  Actually, during COVID (January 2021), mortgage interest rates dropped to historically low levels, reaching 2.65%.

Wondering how long will I have to wait for rates to dip below 3% again? Will mortgage rates ever drop below 3% anytime soon?

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    Russell Brazil
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    No. It's highly unlikely to go that low again in your lifetime.

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