Are Interest Rates Expected to Rise Over the Next Year?

Are Interest Rates Expected to Rise Over the Next Year? | Simplifying The Market

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.

Danielle Hale, Chief Economist, realtor.com:

“Our long-term view for mortgage rates in 2021 is higher. 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 . . . .”

Lawrence Yun, Chief Economist, National Association of Realtors (NAR):

“In 2021, I think rates will be similar or modestly higher . . . mortgage rates will continue to be historically favorable.”

Freddie Mac:

“We forecast that mortgage rates will continue to rise through the end of next year. 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.”

Below are the most recent mortgage rate forecasts from four top authorities – Freddie Mac, Fannie Mae, the Mortgage Bankers Association (MBA), and NAR:Are Interest Rates Expected to Rise Over the Next Year? | Simplifying The Market

Bottom Line

If you’re planning to buy a home, purchasing before mortgage interest rates rise may help you save significantly over the life of your home loan.


GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Recent MLS Listings Today

[showcaseidx shortcode encountered an error] search.showcaseidx.com | 502: Bad gateway

Bad gateway Error code 502

Visit cloudflare.com for more information.
2025-06-27 14:55:04 UTC
You

Browser

Working
Chicago

Cloudflare

Working
search.showcaseidx.com

Host

Error

What happened?

The web server reported a bad gateway error.

What can I do?

Please try again in a few minutes.

Cloudflare Ray ID: 9565c885bf5261bf • Performance & security by Cloudflare

[response] => Array ( => 502 [message] => Bad Gateway ) [cookies] => Array ( [0] => WP_Http_Cookie Object ( [name] => MISCGCs [value] => USERPC1_92_430853_87_USERLL1_92_39.9614,-82.99883_87_USERST1_92_OH3_87_LOCST1_92_OH3_87_USERDMA1_92_5353_87_DT1_92_PC [expires] => [path] => / [domain] => [port] => [host_only] => ) [1] => WP_Http_Cookie Object ( [name] => SignedIn [value] => 0 [expires] => [path] => / [domain] => [port] => [host_only] => ) [2] => WP_Http_Cookie Object ( [name] => GCs [value] => CartItem1_92_03_87_UserName1_92_4_02_ [expires] => [path] => / [domain] => [port] => [host_only] => ) [3] => WP_Http_Cookie Object ( [name] => sidx_token [value] => eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJsZWFkX3V1aWQiOiJlOTlkNjZiNS0yNDVkLTQxYWUtODczMi0yMGEzZjJkNzRlNjMiLCJpYXQiOjE3NTEwMzYwODF9.ICya1_JEoIHsA9JZauFqLrbyMiBmrC4fLu09rdFTVmw [expires] => [path] => / [domain] => [port] => [host_only] => ) ) [filename] => [http_response] => WP_HTTP_Requests_Response Object ( [response:protected] => WpOrg\Requests\Response Object ( [body] => search.showcaseidx.com | 502: Bad gateway

Bad gateway Error code 502

Visit cloudflare.com for more information.
2025-06-27 14:55:04 UTC
You

Browser

Working
Chicago

Cloudflare

Working
search.showcaseidx.com

Host

Error

What happened?

The web server reported a bad gateway error.

What can I do?

Please try again in a few minutes.

Cloudflare Ray ID: 9565c885bf5261bf • Performance & security by Cloudflare

[raw] => HTTP/1.1 502 Bad Gateway Date: Fri, 27 Jun 2025 14:55:04 GMT Content-Type: text/html; charset=UTF-8 Content-Length: 6373 Connection: close X-Frame-Options: SAMEORIGIN Referrer-Policy: same-origin Cache-Control: no-store ,no-cache, must-revalidate, proxy-revalidate Expires: Thu, 01 Jan 1970 00:00:01 GMT Server: cloudflare CF-RAY: 9565c885bf5261bf-ORD search.showcaseidx.com | 502: Bad gateway

Bad gateway Error code 502

Visit cloudflare.com for more information.
2025-06-27 14:55:04 UTC
You

Browser

Working
Chicago

Cloudflare

Working
search.showcaseidx.com

Host

Error

What happened?

The web server reported a bad gateway error.

What can I do?

Please try again in a few minutes.

Cloudflare Ray ID: 9565c885bf5261bf • Performance & security by Cloudflare

[headers] => WpOrg\Requests\Response\Headers Object ( [data:protected] => Array ( [date] => Array ( [0] => Fri, 27 Jun 2025 14:55:04 GMT ) [content-type] => Array ( [0] => text/html; charset=UTF-8 ) [content-length] => Array ( [0] => 6373 ) [x-frame-options] => Array ( [0] => SAMEORIGIN ) [referrer-policy] => Array ( [0] => same-origin ) [cache-control] => Array ( [0] => no-store ,no-cache, must-revalidate, proxy-revalidate ) [expires] => Array ( [0] => Thu, 01 Jan 1970 00:00:01 GMT ) [server] => Array ( [0] => cloudflare ) [cf-ray] => Array ( [0] => 9565c885bf5261bf-ORD ) ) ) [status_code] => 502 [protocol_version] => 1.1 [success] => [redirects] => 0 [url] => https://search.showcaseidx.com/app/renderWidget/hotsheet?name=Latest%20homes%20Blog%20Post&hide=&website_uuid=a825a6db-ec39-4218-91e8-4c1c3fb004dc&bc_prune_widget=1 [history] => Array ( ) [cookies] => WpOrg\Requests\Cookie\Jar Object ( [cookies:protected] => Array ( [MISCGCs] => WpOrg\Requests\Cookie Object ( [name] => MISCGCs [value] => USERPC1_92_430853_87_USERLL1_92_39.9614,-82.99883_87_USERST1_92_OH3_87_LOCST1_92_OH3_87_USERDMA1_92_5353_87_DT1_92_PC [attributes] => Array ( [path] => / ) [flags] => Array ( [creation] => 1751036104 [last-access] => 1751036104 [persistent] => [host-only] => ) [reference_time] => 1751036104 ) [SignedIn] => WpOrg\Requests\Cookie Object ( [name] => SignedIn [value] => 0 [attributes] => Array ( [path] => / ) [flags] => Array ( [creation] => 1751036104 [last-access] => 1751036104 [persistent] => [host-only] => ) [reference_time] => 1751036104 ) [GCs] => WpOrg\Requests\Cookie Object ( [name] => GCs [value] => CartItem1_92_03_87_UserName1_92_4_02_ [attributes] => Array ( [path] => / ) [flags] => Array ( [creation] => 1751036104 [last-access] => 1751036104 [persistent] => [host-only] => ) [reference_time] => 1751036104 ) [sidx_token] => WpOrg\Requests\Cookie Object ( [name] => sidx_token [value] => eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJsZWFkX3V1aWQiOiJlOTlkNjZiNS0yNDVkLTQxYWUtODczMi0yMGEzZjJkNzRlNjMiLCJpYXQiOjE3NTEwMzYwODF9.ICya1_JEoIHsA9JZauFqLrbyMiBmrC4fLu09rdFTVmw [attributes] => Array ( [path] => / ) [flags] => Array ( [creation] => 1751036104 [last-access] => 1751036104 [persistent] => [host-only] => ) [reference_time] => 1751036104 ) ) ) ) [filename:protected] => [data] => [headers] => [status] => ) ) -->

Check out some of these most popular home searches here at Daytona Beach Property Search

 

SEARCH ALL HOMES IN THE GREATER DAYTONA BEACH AREA HERE

[idx-omnibar styles=”1″ extra=”1″ min_price=”1″ ]

 

DOWNLOAD MY LATEST REAL ESTATE GUIDES

  

Related posts:

  1. Should I Wait for Lower Mortgage Interest Rates?
  2. How Interest Rates Can Impact Your Monthly Housing Payments
  3. Are Low Interest Rates Here to Stay?
  4. The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

Daytona Beach Property Search By City

Contact James Today

James Jestes
eXp Realty
386-315-4744
James@JamesJestes.com

Daytona Beach Property Search Sitemap