Mortgage Bankers Association December 2013 Rate Forecast

Click Here for the December 2013 Mortgage Bankers Association Rate Forecast

The Mortgage Bankers Association report provides quarterly and annual historic data and long term projections for national home sales, interest rates, and mortgage originations.

For December 2013, the Mortgage Bankers Association depicts the quarterly average rate of 4.4 percent by the end of December with the quarterly average continuing to rise throughout the remainder of 2013. The overall average for 2013 forecast was revised downward to 4.0 percent from 4.1 percent in August 2013. The average rate forecasted for 2014 is 4.9 percent.

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