[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2l9rgcfmoey8r":3,"$ffeh0925h8cuz":47,"$fbwk2pqjjqsc7":51},{"item":4,"previous":35,"next":41},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":33,"updatedAt":34},1823,"will-low-mortgage-rates-continue-through-2021","Will Low Mortgage Rates Continue through 2021?","With mortgage interest rates hitting \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2020\u002F11\u002F19\u002Fwill-mortgage-rates-remain-low-next-year\u002F\">record lows\u003C\u002Fa> so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, \u003Cem>Freddie Mac\u003C\u002Fem> released their quarterly \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fblog\u002Fresearch_and_analysis\u002F20210125_what_will_2021_bring_for_housing.page?\">forecast\u003C\u002Fa>, noting:","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F02\u002F17132157\u002F20210218-KCM-Share.jpg","With mortgage interest rates hitting \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2020\u002F11\u002F19\u002Fwill-mortgage-rates-remain-low-next-year\u002F\">record lows\u003C\u002Fa> so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, \u003Cem>Freddie Mac\u003C\u002Fem> released their quarterly \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fblog\u002Fresearch_and_analysis\u002F20210125_what_will_2021_bring_for_housing.page?\">forecast\u003C\u002Fa>, noting:\u003C!--more-->\r\n\u003Cblockquote>\u003Cem>“The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and \u003Cstrong>the low interest rate environment is projected to continue through this year. \u003C\u002Fstrong>We expect interest rates to average below 3% through the end of 2021. While this is a modest rise from 2020 averages, the recent vote by the Federal Reserve to keep interest rates anchored near zero should keep rates low.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nAs shown in the graph below, \u003Cem>Freddie Mac\u003C\u002Fem> is projecting low rates going forward with a modest rise that’s expected to continue through 2022.\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F02\u002F20210218-MEM-Eng-1.jpg\">\u003Cimg class=\"aligncenter wp-image-43885\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F02\u002F20210218-MEM-Eng-1.jpg\" alt=\"Will Low Mortgage Rates Continue through 2021? | Simplifying The Market\" width=\"650\" height=\"366\" \u002F>\u003C\u002Fa>\u003Cem>Freddie Mac\u003C\u002Fem> isn’t the only authority forecasting low rates with a slight rise. \u003Ca href=\"https:\u002F\u002Fwww.fanniemae.com\u002Fmedia\u002F37951\u002Fdisplay\">\u003Cem>Fannie Mae\u003C\u002Fem>\u003C\u002Fa>\u003Cem>, The Mortgage Bankers Association\u003C\u002Fem> (\u003Ca href=\"https:\u002F\u002Fwww.mba.org\u002Fnews-research-and-resources\u002Fresearch-and-economics\u002Fforecasts-and-commentary\">MBA\u003C\u002Fa>), and the \u003Cem>National Association of Realtors\u003C\u002Fem> (\u003Ca href=\"https:\u002F\u002Fcdn.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002Fforecast-Q1-2021-us-economic-outlook-01-30-2021.pdf\">NAR\u003C\u002Fa>) also anticipate low rates with a small increase as 2021 continues on. Here’s the quarterly breakdown of their projections and how they’re expected to play out over the next year:\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F02\u002F20210218-MEM-Eng-2.jpg\">\u003Cimg class=\"aligncenter wp-image-43884\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F02\u002F20210218-MEM-Eng-2.jpg\" alt=\"Will Low Mortgage Rates Continue through 2021? | Simplifying The Market\" width=\"650\" height=\"366\" \u002F>\u003C\u002Fa>It’s important to note that, while a small change in interest rates can have a substantial impact on monthly mortgage payments, these rates are still incredibly low compared to where they were just a couple of years ago.\r\n\u003Ch4>\u003Cstrong>What does this mean for buyers?\u003C\u002Fstrong>\u003C\u002Fh4>\r\nLow mortgage rates are creating an outstanding opportunity for current \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2021\u002F02\u002F11\u002F47-of-new-buyers-surprised-by-how-affordable-homes-are-today\u002F\">homebuyers\u003C\u002Fa> to get more for their money while staying within their budget. As the economy gets stronger and we recover from the challenges of 2020, it’s natural for rates to potentially rise in response to a healthier economy. Mark Fleming, \u003Cem>Chief Economist\u003C\u002Fem> at \u003Cem>First American\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fblog.firstam.com\u002Feconomics\u002Fwhy-the-housing-market-can-thrive-if-a-new-rising-rate-era-begins\">reminds\u003C\u002Fa> us:\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>Rising interest rates reduce house-buying power and affordability\u003C\u002Fstrong>, but are often a sign of a strong economy, which increases home buyer demand. \u003Cstrong>By any historic standard, today’s mortgage rates remain historically low\u003C\u002Fstrong> and will continue to boost house-buying power and keep purchase demand robust.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nWith low rates fueling activity among hopeful buyers, there are a lot of people who are highly motivated and looking for homes to purchase right now. In this environment, it can be \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2021\u002F01\u002F28\u002Fwhat-record-low-housing-inventory-means-for-you\u002F\">challenging\u003C\u002Fa> to find a home to buy, so a local real estate agent will be key to your success if you’re thinking of buying too. Working with a trusted real estate professional to navigate the process while rates are in your favor might be the best move you can make.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you’re ready to buy a home, it may be wise to make your move before mortgage rates begin to rise. Let’s connect to discuss how today’s low rates can create more opportunities for you this year.","\r\nIf you’re ready to buy a home, it may be wise to make your move before mortgage rates begin to rise. Let’s connect to discuss how today’s low rates can create more opportunities for you this year.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F02\u002F20210218-MEM-Eng-1.jpg",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},11,"First-Time Buyers","first-time-buyers",{"id":26,"name":27,"slug":28},35,"Mortgage Rates","mortgage-rates",{"id":30,"name":31,"slug":32},38,"Move-Up","move-up","2021-02-18T10:00:42Z","2021-02-18T11:00:43Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},1822,"3-ways-home-equity-can-have-a-major-impact-on-your-life","3 Ways Home Equity Can Have a Major Impact on Your Life","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F02\u002F16144445\u002F20210217-KCM-Share.jpg","2021-02-17T10:00:39Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},1824,"home-mortgage-rates-by-decade-infographic","Home Mortgage Rates by Decade [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F02\u002F18124403\u002F20210205-KCM-Share-1.png","2021-02-19T11:00:11Z",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[52,56,57,61,65,69,73,74,78,79,80,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156],{"id":53,"name":54,"slug":55},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":58,"name":59,"slug":60},6,"For Sellers","sellers",{"id":62,"name":63,"slug":64},7,"Foreclosures","foreclosures",{"id":66,"name":67,"slug":68},8,"Infographics","infographics",{"id":70,"name":71,"slug":72},9,"Home Prices","home-prices",{"id":22,"name":23,"slug":24},{"id":75,"name":76,"slug":77},34,"Senior Market","senior-market",{"id":26,"name":27,"slug":28},{"id":30,"name":31,"slug":32},{"id":81,"name":82,"slug":83},41,"For Sale by Owner","for-sale-by-owner",{"id":85,"name":86,"slug":87},42,"Featured","featured",{"id":89,"name":90,"slug":91},45,"New Construction","new-construction",{"id":93,"name":94,"slug":95},52,"Luxury \u002F Vacation","luxury--vacation",{"id":97,"name":98,"slug":99},53,"Rent vs. Buy","rent-vs-buy",{"id":101,"name":102,"slug":103},80,"Time-sensitive","time-sensitive",{"id":105,"name":106,"slug":107},81,"Outdated","outdated",{"id":109,"name":110,"slug":111},147,"Internal","internal",{"id":113,"name":114,"slug":115},148,"Do Not Autopost","do-not-autopost",{"id":117,"name":118,"slug":119},320,"Inventory","inventory",{"id":121,"name":122,"slug":123},321,"Agent Value","agent-value",{"id":125,"name":126,"slug":127},322,"Affordability","affordability",{"id":129,"name":130,"slug":131},323,"Buying Tips","buying-tips",{"id":133,"name":134,"slug":135},324,"Downsize","downsize",{"id":137,"name":138,"slug":139},325,"Economy","economy",{"id":141,"name":142,"slug":143},326,"Equity","equity",{"id":145,"name":146,"slug":147},327,"Forecasts","forecasts",{"id":149,"name":150,"slug":151},328,"Selling Tips","selling-tips",{"id":153,"name":154,"slug":155},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":157,"name":158,"slug":159},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]