Last year saw a huge increase in home sales due to the pandemic and low mortgage rates. While 2021 is predicted to be another busy year in the housing market, there are some challenges ahead for home buyers as they face stiff competition and rising mortgage rates.

Mortgage rates increase, but still remain low.

Low mortgage rates have been a key factor in the rising number of home sales over the past year. While mortgages rates will remain low in 2021, they will begin to slowly increase. …

Nicholas Kahrilas

Nicholas Kahrilas, based in Los Angeles, is an active community leader and the President of Platinum Legacy. Learn more @ https://nicholaskahrilas.net.

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