Americans' Expectations for Mortgage Rates in the Next Three Years
Monday, 6 May 2024, 15:10
Americans Predict Mortgage Rates Surge
According to a recent New York Federal Reserve survey, U.S. consumers anticipate a dramatic rise in mortgage rates over the next three years, with expectations nearing 10%. This projection could influence the affordability of home loans and impact the decisions of potential homebuyers in the coming years.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.