Buy or Sell with Melinda in Middle Tennessee

7020 Mudshark Place

Homebuyers Are in the Mood to Buy Today According to the latest  FreddieMac Quarterly Forecast , mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage of this opportune time to sell as well. There’s a very positive outlook on interest rates going forward, as the  projections  from the  FreddieMac  report indicate continued lows into 2021: “Going forward, we forecast the 30-year fixed-rate mortgage to remain low, falling to a yearly average of 3.4% in 2020 and 3.2% in 2021.”   With mortgage rates hovering at such compelling places, ongoing  buyer interest  is bound to keep driving the housing market forward. Rates also reached another record low last week, so homebuyers are in what  FreddieMac  is identifying as the buying mood: “While the rebound in the economy is uneven, one segmen