Sproutnomics

Michael Wenneson

Michael Wenneson is a licensed realtor located in Minneapolis, MN. He has more than twenty years of experience when it comes to income properties. In his downtime he writes about his experiences and expertise — most articles can be found on Sproutnomics.com. His areas of interest are finance, real estate, web development, digital marketing and SEO.

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low …

The Reason Mortgage Rates Are Projected to Increase and What It Means for You Read More »

Our readers come first

The content on Sproutnomics includes links to our advertising partners. When you read our content and click on one of our partners’ links, and then decide to complete an offer — whether it’s downloading an app, opening an account, or some other action — we may earn a commission from that advertiser, at no extra cost to you.

Our ultimate goal is to educate and inform, not lure you into signing up for certain offers. Compensation from our partners may impact what products we cover and where they appear on the site, but does not have any impact on the objectivity of our reviews or advice.