{"id":17734,"date":"2020-09-01T11:58:17","date_gmt":"2020-09-01T11:58:17","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=17734"},"modified":"2020-09-01T11:58:17","modified_gmt":"2020-09-01T11:58:17","slug":"mortgage-rates-fall-again","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/mortgage-rates-fall-again\/","title":{"rendered":"Mortgage Rates Fall Again"},"content":{"rendered":"

Mortgage Rates Fall Again<\/h1>\n
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\"Mortgage<\/div>\n<\/div>\n<\/div>\n

\u00a9 REALTOR\u00ae MAGAZINE<\/p>

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Mortgage rates remain near all-time lows, and many economists believe they will stay for the remainder of this year and well into next year.<\/p>\n

\u201cThis year has been anything but normal and as the uncertainty lingers, mortgage rates remain\u201d low, says Sam Khater, Freddie Mac\u2019s chief economist. \u201cThese rates continue to incentivize potential buyers and the home buying season, which shifted from spring to summer, will likely continue into the fall.\u201d<\/p>\n

The Federal Reserve this week announced the adoption of a more flexible policy to achieve inflation that averages 2% over time. \u201cThis significant change can keep interest rates low for longer periods, which could translate into both long periods of cheap mortgages and a strong job market,\u201d the National Association of REALTORS\u00ae said in a statement. \u201cMore and more home buyers and homeowners are expected to take advantage of these ultra-low rates.\u201d<\/p>\n

Freddie Mac reports the following national averages with mortgage rates for the week ending Aug. 27:<\/p>\n