{"id":2977,"date":"2021-05-18T20:14:18","date_gmt":"2021-05-18T20:14:18","guid":{"rendered":"https:\/\/apartmentsourcechicago.com\/blog\/?p=2977"},"modified":"2021-05-18T20:14:18","modified_gmt":"2021-05-18T20:14:18","slug":"mortgage-rates-rising-faster-than-anticipated","status":"publish","type":"post","link":"https:\/\/apartmentsource.com\/blog\/mortgage-rates-rising-faster-than-anticipated\/","title":{"rendered":"Mortgage Rates Rising Faster Than Anticipated"},"content":{"rendered":"

If you haven’t already taken advantage of refinancing at historically low mortgage rates, there is no better time than now. Freddie Mac\u00a0reported<\/a>\u00a0in late April that 30-year fixed rates are still the lowest they’ve been in 10 years.\u00a0 As the economy begins to bounce back, we are already starting to see rates increase, and they are predicted to continue to rise over the next two years. According to a mortgage forecast\u00a0report<\/a>\u00a0published by the Mortgage Bankers Association, we should see 5% rates on average by the year 2023.<\/p>\n

Reach out to The Apartment Source for some great local and nationwide lender referrals to ensure you are getting the most competitive terms and rates!<\/p>\n","protected":false},"excerpt":{"rendered":"

If you haven’t already taken advantage of refinancing at historically low mortgage rates, there is no better time than now. Freddie Mac\u00a0reported\u00a0in late April that 30-year fixed rates are still the lowest they’ve been in 10 years.\u00a0 As the economy begins to bounce back, we are already starting to see rates increase, and they are predicted to continue to rise over the next two years. According to a mortgage forecast\u00a0report\u00a0published by the Mortgage Bankers Association, we should see 5% rates on average by the year 2023. Reach out to The Apartment Source for some great local and nationwide lender referrals […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[144],"tags":[149,146,168,166,150,153,156,162,160,159,161],"class_list":["post-2977","post","type-post","status-publish","format-standard","hentry","category-chicago-rental-market","tag-chicago","tag-chicagorealestate","tag-chicagorealtors","tag-chicagoupdates","tag-windycity","tag-chicagoapartments","tag-chicagolandlords","tag-chicagorentalmarket","tag-chicagorentals","tag-investingchicago","tag-rentalmarket"],"yoast_head":"\nMortgage Rates Rising Faster Than Anticipated - The Apartment Source<\/title>\n<meta name=\"description\" content=\"If you haven't already taken advantage of refinancing at historically low mortgage rates, there is no better time than now. 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Freddie Mac\u00a0reported\u00a0in late April that 30-year fixed rates are still the lowest they've been in 10 years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/upgrade.apartmentsource.com\/blog\/mortgage-rates-rising-faster-than-anticipated\/\" \/>\n<meta property=\"og:site_name\" content=\"The Apartment Source\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-18T20:14:18+00:00\" \/>\n<meta name=\"author\" content=\"Tyson Schutz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tyson Schutz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/upgrade.apartmentsource.com\/blog\/mortgage-rates-rising-faster-than-anticipated\/\",\"url\":\"https:\/\/upgrade.apartmentsource.com\/blog\/mortgage-rates-rising-faster-than-anticipated\/\",\"name\":\"Mortgage Rates Rising Faster Than Anticipated - The Apartment Source\",\"isPartOf\":{\"@id\":\"https:\/\/upgrade.apartmentsource.com\/blog\/#website\"},\"datePublished\":\"2021-05-18T20:14:18+00:00\",\"author\":{\"@id\":\"https:\/\/upgrade.apartmentsource.com\/blog\/#\/schema\/person\/a1bcec23930583cb3296ed469d2da560\"},\"description\":\"If you haven't already taken advantage of refinancing at historically low mortgage rates, there is no better time than now. 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