Will mortgage interest rates go up after the 2020 election??
In the aftermath of the 2020 Election, we know that people are wondering where mortgage interest rates are headed ➡️ Are mortgage interest rates going up or are mortgage interest rates going down ? Plus these other questions:
➡️ Will mortgage interest rates go up after the 2020 election
To explore, we crunch Freddie Mac historical data for mortgage interest rates to create an Election History Mortgage Interest Rate Chart that goes back to 1972. We compare the mortgage interest rate pre-election (October) to the mortgage interest rates post-election (December) and as a bonus, if it’s the president’s first (or only) term, we add in the mortgage interest rates for post-inauguration in February. A mortgage interest rate trend emerges that may surprise you!
We also share 3 things that could lead to higher mortgage interest rates in 2021!
Click the chart below to download a PDF copy!
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Freddie Mac - Monthly Average Commitment Rate And Points On 30-Year Fixed-Rate Mortgages Since 1971 -
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