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When the Federal Reserve began cutting interest rates in September, most economists anticipated a corresponding drop in ...
Skeptical about lower mortgage rates? Here's why experts say your next home loan could cost less than you think.
“Dramatic” mortgage rate movements are destined ... As part of their newest outlook, Fannie Mae’s economists shared five predictions for the housing market in 2025. They expect: ...
Fannie Mae on Thursday issued revisions to its 2025 housing market forecast, dropping its estimated ... as the higher mortgage rate environment is likely to strengthen the ongoing lock-in effect ...
We expect the higher mortgage rate environment to continue ... housing affordability into 2024." Fannie Mae economists also revised their total home sales forecast down slightly due to higher ...
The 30-year fixed-mortgage rate—the most popular among American ... This is according to Fannie Mae's housing forecast, released earlier this month. The prediction spells good news for aspiring ...
Fannie Mae said the change to its mortgage rate outlook was the principal driver of a downward revision to its total home sales forecast. The organization now expects 4.91 million home sales in ...
Here are the mortgage rate predictions for 2025: The April Housing Forecast from Fannie Mae puts the average 30-year fixed rate at 6.8% in the beginning of 2025, declining to 6.2% throughout the year.
Fannie Mae Senior Vice President and Chief Economist. "While our latest forecast calls for a period of modestly slower economic growth, historically, interest rates have been the most important driver ...
He said following the Fed’s meeting in December 2023, Fannie Mae replaced its forecast with a “slow growth scenario ... When it sold off its MBS in the Spring of 2022 and hiked interest rates, it ...
Even though Jerome Powell announced three rate cuts in 2024, Fannie Mae Economic and Strategic ... in home prices and still-elevated interest rates suggest a slow pace of recovery from previously ...