[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1v81a5h3ydw7u":3,"$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},1877,"are-interest-rates-expected-to-rise-over-the-next-year","Are Interest Rates Expected to Rise Over the Next Year?","So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to say.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F05\u002F04155408\u002F20210505-KCM-Share.jpg","So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to say.\u003C!--more-->\r\n\u003Ch5>\u003Ca href=\"https:\u002F\u002Ftime.com\u002Fnextadvisor\u002Fmortgages\u002Fmortgage-predictions-2021\u002F\">Danielle Hale, \u003Cem>Chief Economist\u003C\u002Fem>, \u003Cem>realtor.com\u003C\u002Fem>\u003C\u002Fa>:\u003C\u002Fh5>\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>Our long-term view for mortgage rates in 2021 is higher. \u003C\u002Fstrong>As the economic outlook strengthens, thanks to progress against coronavirus and vaccines plus a dose of stimulus from the government, this pushes up expectations for economic growth . . . .”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch5>\u003Ca href=\"https:\u002F\u002Ftime.com\u002Fnextadvisor\u002Fmortgages\u002Fmortgage-predictions-2021\u002F\">Lawrence Yun, \u003Cem>Chief Economist\u003C\u002Fem>, \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR)\u003C\u002Fa>:\u003C\u002Fh5>\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>In 2021, I think rates will be similar or modestly higher\u003C\u002Fstrong> . . . mortgage rates will continue to be historically favorable.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch5>\u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fresearch\u002Fforecast\u002F20210414_quarterly_economic_forecast.page?\">\u003Cem>Freddie Mac\u003C\u002Fem>\u003C\u002Fa>:\u003C\u002Fh5>\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>We forecast that mortgage rates will continue to rise through the end of next year\u003C\u002Fstrong>. We estimate the 30-year fixed mortgage rate will average 3.4% in the fourth quarter of 2021, rising to 3.8% in the fourth quarter of 2022.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nBelow are the most recent mortgage rate forecasts from four top authorities – \u003Ca href=\"http:\u002F\u002Fwww.freddiemac.com\u002Fresearch\u002Fforecast\u002F20210414_quarterly_economic_forecast.page?\">\u003Cem>Freddie Mac\u003C\u002Fem>\u003C\u002Fa>\u003Cem>, \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Fwww.fanniemae.com\u002Fmedia\u002F38961\u002Fdisplay\">\u003Cem>Fannie Mae\u003C\u002Fem>\u003C\u002Fa>, the \u003Ca href=\"https:\u002F\u002Fwww.mba.org\u002Fnews-research-and-resources\u002Fresearch-and-economics\u002Fforecasts-and-commentary\">\u003Cem>Mortgage Bankers Association\u003C\u002Fem> (MBA)\u003C\u002Fa>, and \u003Ca href=\"https:\u002F\u002Fcdn.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002Fforecast-Q2-2021-us-economic-outlook-04-29-2021.pdf\">NAR\u003C\u002Fa>:\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F05\u002F20210505-MEM-Eng-1.png\">\u003Cimg class=\"aligncenter wp-image-44320\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F05\u002F20210505-MEM-Eng-1.png\" alt=\"Are Interest Rates Expected to Rise Over the Next Year? | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you’re planning to buy a home, purchasing before mortgage interest rates rise may help you \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2021\u002F03\u002F30\u002Fhow-a-change-in-mortgage-rate-impacts-your-homebuying-budget\u002F\">save\u003C\u002Fa> significantly over the life of your home loan.","\r\nIf you’re planning to buy a home, purchasing before mortgage interest rates rise may help you \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2021\u002F03\u002F30\u002Fhow-a-change-in-mortgage-rate-impacts-your-homebuying-budget\u002F\">save\u003C\u002Fa> significantly over the life of your home loan.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2021\u002F05\u002F20210505-MEM-Eng-1.png",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","2021-05-05T10:00:15Z","2021-05-05T10:00:16Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},1876,"4-big-incentives-for-homeowners-to-sell-now","4 Big Incentives for Homeowners to Sell Now","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F05\u002F03153918\u002F20210504-KCM-Share.jpg","2021-05-04T10:00:51Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},1878,"why-waiting-to-buy-a-home-could-cost-you-a-small-fortune","Why Waiting to Buy a Home Could Cost You a Small Fortune","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2021\u002F05\u002F05131302\u002F20210506-KCM-Share.jpg","2021-05-06T10:00:35Z",{"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"]