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You are here: Home / Real Estate / Mortgage rates to rise?

Mortgage rates to rise?

October 7, 2021 By Geoffrey Disch Leave a Comment

After their late September meeting, the Federal Reserve announced that “a moderation in the pace of asset purchases may soon be warranted.” During the pandemic, the Fed has been buying up billions of dollars in mortgage debt, thus keeping mortgage rates very low.

Analysts expect the Fed to gradually cut back on their purchases, possibly as early as November. Many predict rates will continue to rise into Spring 2022.

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Filed Under: Real Estate Tagged With: mortgage rates

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