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Many homebuyers have been waiting for housing inventory to rise and mortgage rates to fall before making the commitment to ...
After hitting a peak of 7.04% in January 2025, mortgage rates have retreated, but the decline has been sluggish, as rates ...
Despite President Trump's decision to implement a 90-day pause on reciprocal tariffs for most countries, which calmed some ...
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 ...
However, lower mortgage rates would also give homebuilders some additional support by not having to offer as steep concessions and rate incentives to drive sales, and the net effect may be to keep ...
The average 30-year mortgage rate began declining from 7 percent ... The possibility of sub-6 percent mortgage has grown fainter. Fannie Mae predicts rates will edge down to 6.3 percent by the ...
The mortgage market has not been immune to economic volatility as interest rates remain top of mind for originators and ...
Housing market forecasters are adjusting their projections in the wake of President Donald Trump’s fierce trade war, and Fannie Mae ... our forecast horizon, as well as to interest rates.” ...
Expensive interest rates have also contributed to keeping ... it won't be a dramatic decline: Fannie Mae expects average 30-year fixed mortgage rates to remain around 6.5%. And with investors ...