Matt Wilkerson, of @Mortgage, has joined me today to share a forecast for 2020 market conditions.
Today I’m with Matt Wilkerson, owner of @Mortgage, to share a brief forecast for the 2020 housing market.
As you’re well aware, we’re in a very controversial election year. Regardless of what side of the aisle you find yourself on, most economists expect interest rates to stay below 4%. Rates have been near all-time lows for the last three years now, and that will likely continue. A lot of people don’t want to shake things up too much in an election year, so many things stay status quo.
Rates are bound to go up at some point, and that will impact your purchasing power. The lower the rates, the more house you can buy with a lower payment. A lot of the market headwinds have settled, and we really expect 2020 to be a great year.
If you would like to take advantage of your purchasing power right now, feel free to give Adam Merrick Real Estate a call at (309)-282-1000 or reach us online. To get in touch with Matt and the @Mortgage team, call (309)-408-0708 or visit atmortgage.com.