Grim Forecast for When Mortgage Rates Will Fall Below 6%

Grim Forecast for When Mortgage Rates Will Fall Below 6%

Mortgage rates could remain stuck above 6% for the next several years, according to newly released projections from the economists at the Mortgage Bankers Association. MBA Chief Economist Mike Fratantoni presented the forecast at the group’s annual conference in Las Vegas on Sunday, projecting that 30-year fixed mortgage rates will remain roughly in the range
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