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Housing Outlook

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Comparing Two Home Price Booms, Fifteen Years Apart

As home prices soar in 2021, many comparisons are being made between the current housing environment and the one in 2006. However, despite recent double-digit home price appreciation, the mortgage payment to purchase a home is substantially more affordable than it was 15 years ago.

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Three-Year Housing and Mortgage Outlook

December 2020 Economic Outlook 30-year fixed-rate loans to remain below 3% during early 2021 and average about 3.2% during the next three years. Millennials will