What’s in store for mortgages in 2021?

As dreadful as 2020 revealed itself to be, the housing market was a bright spot. And industry experts predict that should continue into 2021.

Three factors will fuel the housing market in 2021, said NAR Chief Economist Lawrence Yun, as reported by Investor’s Business Daily. 

    • The Federal Reserve has no intention of actions that would raise record-low mortgage rates.
    • Unemployment will decrease as mass vaccinations by mid-2021 will allow the economy to fully reopen and begin rehiring.

Continue reading What’s in store for mortgages in 2021? at Movement Mortgage Blog.

As dreadful as 2020 revealed itself to be, the housing market was a bright spot. And industry experts predict that should continue into 2021.
Three factors will fuel the housing market in 2021, said NAR Chief Economist Lawrence Yun, as reported by Investor’s Business Daily. 

The Federal Reserve has no intention of actions that would raise record-low mortgage rates.
Unemployment will decrease as mass vaccinations by mid-2021 will allow the economy to fully reopen and begin rehiring.

Continue reading What’s in store for mortgages in 2021? at Movement Mortgage Blog.Movement Mortgage Blog