Fannie Mae’s Post

Even with mortgage rates hovering around 7%, prospective home buyers are continuing to move forward, thanks to an increase in available options on the market. For more insights, check out the latest housing report from the National Association of Realtors

2025 Housing Market Forecast This KCM infographic provides mortgage rate projections for 2025. Right now, the forecast shows that mortgage rates will come down slightly, more homes will sell and prices will rise more moderately. 781-742-3225 www.RealtorEdKeefe.com

Fannie Mae economists expect an average mortgage rate of 6.2% in 2025. The New Normal for Mortgage Rates Will Be Higher Than Many Hope https://lnkd.in/gg7uPvEQ

What's the forecast for mortgage rates in 2024? According to Fannie Mae's projections, rates are expected to stay elevated, impacting home sales. Stay informed about the evolving housing market!

New home sales in September jumped 4.1%. According to Reuters, the jump was seen the most in the Northeast and South as home buyers took advantage of the decline in mortgage rates. Read more about this at: https://lnkd.in/gtPY75KG

Fannie Mae economists had five key predictions for the upcoming year: average mortgage rates will decline, but remain above 6 percent; existing home sales will remain low. via Planetizen https://hubs.ly/Q0306cLt0

Where are mortgage rates headed in 2025? This article from SF Gate shows predictions from experts in the field. A down trend in mortgage rates is great news for both buyers and sellers. However, if you are trying to time the market... don't! Instead, figure out where the numbers make sense for your financial situation and goals then go from there. See the graphic below for mortgage rate predictions and read the article for more information! https://lnkd.in/d7Cbpr52

Decisions in real estate, often based on market data - sometimes conflicting, often confusing. So far the pace of home sales is slower this year, but the fall bump in pending sales could translate to a December rally - if mortgage rates drop. 2024 Market details here👉🏾https://bit.ly/3Zc7Zxq

While the housing market remains challenging with high prices and elevated mortgage rates, there are signs that conditions might slowly become more favorable for buyers. Increased inventory and a potential shift toward a buyers' market could offer some relief. Here's what you need to know about the current trends: https://bit.ly/4dteSjK

While the housing market remains challenging with high prices and elevated mortgage rates, there are signs that conditions might slowly become more favorable for buyers. Increased inventory and a potential shift toward a buyers' market could offer some relief. Here's what you need to know about the current trends: https://bit.ly/4dteSjK