Rate Roundup: Top Mortgage Interest Rate Forecasts for 2013 – 2014

Here’s a quick round up of some top forecasters and where they expect mortgage interest rates to head from 2013 to 2014.

Forbes (Mike Conerly): 5.5 percent by the end of 2014

Mortgage Bankers Association: 4.2 by the end of 2013 and 4.8 by year-end 2014

Capital Economics: Expects decrease in mortgage rates between June and December of 2013

Forecasts.org: 3.74 percent by December 2013 (forecast dated 7/3/13)

Kamakura Corporation (interpolated from 15-yr): 4 percent 12/13, 4.5 percent 6/14, 5.0 percent 12/14

Fannie Mae: 4.2 percent by end of 2013, 4.7 by end of 2014

The Federal Reserve has stated that it expects to continue its efforts to keep rates low until national unemployment drops below 6.5 percent, which it doesn’t anticipate happening before 2015.

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