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Where Are Interest Rates Headed?
The interest rate you pay on your home mortgage has a direct impact on your monthly
payment. The higher the rate, the greater the payment will be. That is why it is important to
know where rates are headed when deciding to start your home search.
Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook. As
you can see, interest rates are projected to increase steadily through the end of 2018 and
into 2019.
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