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In February, Fannie Mae shockingly revised its mortgage rate forecast, estimating that rates would average nearly 7% by the end of this year and 6.5% by year-end 2026.
Fannie Mae doesn’t see much change in 2025, whereas Zillow sees gradual mortgage rate improvement and a return to historic norms December 16, 2024, 12:26pm by Sarah Wolak News > Housing Market ...
Fannie Mae’s Forecast The housing market, disrupted before the pandemic, saw distorted trends influenced by the aftermath of the Great Recession and COVID-19 buying frenzies. Sales deviated from ...
After reaching a peak of 7.04% in January 2025, mortgage rates retreated to the mid-6% range in March but then reversed ...
The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...
Amid mortgage rates now hovering well over 7%, Fannie Mae economists have revised their housing market forecast as home prices remain even stickier than expected.
Fannie Mae, according to its December outlook, expects total single-family mortgage originations to grow from $1.5 trillion in 2023 to $1.9 trillion in 2024, and then to $2.3 trillion in 2025.
The June Housing Forecast from Fannie Mae's Economic and Strategic Research Group puts the average 30-year fixed rate at 6.8% in the beginning of 2025, declining marginally to 6.5% throughout the ...
Fannie Mae has revised its projections upward for home sales this year, and now expects an additional 60,000 homes will be sold nationally — and 2026, meanwhile, could be markedly better.. The GSE is ...
Last month, Fannie Mae revised its mortgage rate forecast, anticipating rates reaching just over 6% by the end of 2025, and dipping to 5.8% by the end of 2026.
However, according to Fannie Mae, analysts anticipate a 5.8% ave The first month of 2024 is nearing its end, but there’s a lot of news buzzing around the housing market and mortgage rates.