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In its May 2025 Economic and Housing Outlook, Fannie Mae revised its mortgage forecast, anticipating rates to reach 6.1% by the end of this year, and 5.8% by the end of 2026.
This upward revision in mortgage rates is the key factor behind Fannie Mae’s updated outlook, which anticipates a decline in home sales to 4.71 million in 2024—down from the previous forecast ...
Privatizing Fannie Mae would cause mortgage rates to soar, economist says They offer a mixed-bag take on how the housing and mortgage markets will react under Trump's second presidency.
Privatizing Fannie Mae would cause mortgage rates to soar, economist says They offer a mixed-bag take on how the housing and mortgage markets will react under Trump's second presidency.
In a revised projection last week, Fannie Mae says it expects the 30-year fixed-rate mortgage to average 6.8% across 2025, and end the year at 6.6%.
In fact, current mortgage rates and Fannie Mae's forecast for 2025 rates are well in line with rates over the past several decades. Since 1990, the 30-year fixed-rate mortgage has averaged 6%.
The head of the federal agency responsible for overseeing Fannie Mae and Freddie Mac called Wednesday for Federal Reserve Chair Jerome Powell to resign if the central bank did not cut rates that day.
“Without an implicit or explicit (government) guarantee, there will be less credit availability and higher rates,” says Moody’s Analytics economist.
“Without an implicit or explicit (government) guarantee, there will be less credit availability and higher rates,” says Moody’s Analytics economist.
What will the future look like for real estate and mortgages under President-elect Trump? This week, I asked several economists to weigh in. Mark Zandi, chief economist at Moody’s Analytics, sees a ...
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