CoreLogic released its final three-year housing and mortgage outlook report for the year on Thursday, and if numbers hold up, the data company predicts 2021 will maintain its unprecedented sales and record low mortgage rates as the economy continues to recover.
CoreLogic chief economist Frank Nothaft said in a podcast on Friday that the term “unprecedented” best describes 2020. More importantly, he said the current environment may even holdup into 2023.
“We may actually see mortgage rates below 3%, perhaps for the entire year of 2021,” Nothaft said. “And I details ⇒
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