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Real estate forecasts for the next 5 years. There are plenty of predictions about where the housing market is ... Yun foresees a greater interest in adjustable-rate mortgages through next year ...
After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end of 2020, according to data from Freddie Mac. By the week ending ...
The fixed rate for a 15-year mortgage is 5.27%, down 20 basis points from last week's average 5.47%. These figures are lower than a year ago, when rates averaged 7.18% for a 30-year term and 6.51% ...
The housing market has been rapidly evolving. Home prices surged in 2020 as mortgage rates plummeted, and over the past couple of years, we've seen a slight cooling of the market as mortgage rates...
Where will rates go. Hale and Realtor.com forecast that in 2023 rates will average 7.4%, followed by early rate hikes in the first half of the year, and a slight retreat to 7.1% by the year-end.
Mortgage giant Fannie Mae likewise raised its outlook, now expecting 30-year mortgage rates to be at 6.4 percent by the end of 2024, compared to an earlier forecast of 5.8 percent.
Fannie Mae forecasts a nearly 5% price appreciation by the end of 2024. NAR predicts the year-end median price on existing homes will hit $393,000, up from $387,000 in 2023. "One thing that seems ...
Forecast: Mortgage rates to gradually decline in 2024. Jeff Ostrowski. January 2, 2024 at 12:10 AM ... As the Fed slashes rates next year, the 10-year should trend down, says McBride.
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