Mortgage Rates: What to Expect in the Future

MORTGAGE RATES 교 WHAT TO EXPECT IN THE FUTURE 01 . The Federal Reserve has signaled that it may start to raise interest rates as the economy continues to recover from the COVID - 19 pandemic . 03 . Mortgage rates have been historically low in recent years , but there are indications that they may start to rise in the near future . 05 . Factors that could impact mortgage rates in the future include inflation , the strength of the economy , and global economic conditions . Tit 02 . The average rate for a 30 - year fixed - rate mortgage is expected to increase by 0.2 to 0.3 percentage points in 2023 . 04 . € Despite the possibility of rising mortgage rates , it may still be a good time to buy a home , as home prices are also expected to rise in the coming years .