As 30-year mortgage interest rates tumbled to 3.65% in October – a dramatic 1.06% below what they were a year ago - leading industry economists foresee rates declining even further in 2020. Forecasters from Fannie Mae, Freddie Mac and the Mortgage Bankers Association stated that they also believe the pace of home price increases will slow next year.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
