Rates forecast for July 2019

Dated: July 3 2019

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Mortgage rates forecast for July 2019

Mortgage rates have taken a turn for the better, and there’s an audible rushing sound as homeowners flock to refinance.

Refinance applications jumped 47% week-over-week recently, according to the Mortgage Bankers Association.

It’s easy to see why.

Mortgage agency Freddie Mac says average 30-year mortgage rates hit 3.82% in June, the lowest level in nearly two years.

This is one of the best times in history to refinance, but will rates stay low?

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