5 mortgage predictions for 2015

The Federal Savings Bank, despite its name, is a private bank. It has just released the following predictions for 2015:
– mortgage rates will remain low in 2015, with the Federal Reserve hesitant to raise rates
– mortgage application volumes will increase, driven by low rates and improvements in the job market
– refinancing activity will increase
– slow international growth will keep US interest rates low
– prospective homebuyers may be more confident about entering the market

Click Mortgage predictions for 2015 for the full report.

If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated
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