Last November, I asked 10 respected industry experts for their mortgage rates predictions for 2019. Interestingly, most agreed that 30-year fixed rates would average 5.5% and 15-year fixed rates would average between about 4.5 and 5.0% by mid-2019. Turns out that rates dropped a lot more than these and most other experts expected. As of this writing, the 30-year rate is just below 4.0%; the 15-year rate is around 3.30%.
Now, in an updated article for The Mortgage Reports, I've asked many of these same pros (and a few new ones) for their predictions on rates through the end of the year. Take a look at their projections for 30- and 15-year fixed-rates, which may help you make a more informed decision about getting a mortgage loan in the weeks and months ahead.
