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The Fannie Mae/Pulsenomics forecast calls for a 3.8% gain. Zillow forecasts 2.6% home value growth in 2025 The Mortgage Bankers Association expects a gain of just 1.5%.
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.
Fannie Mae’s Housing Forecast for August predicted that rates would fall slowly through the second half of the year. It forecast an average rate of 6.6% for the third quarter and a 6.4% average ...
Fannie Mae recently predicted that the average 30-year mortgage rate will fall to 5.7% by the fourth quarter of next year, and the Mortgage Bankers Association has a similar forecast of 5.8%.
Fannie Mae, meanwhile, calls for rates to dip to 6.5 percent by year’s end, while Bright MLS, a real estate listing service in the Mid-Atlantic region, forecasts a decline to 6.2 percent. A look ...
Mortgage lenders are looking to make some money, as well as cover their expenses, when they loan homebuyers the money at purchase. ... Fannie Mae is predicting that home sales could be 10% higher ...
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.
After reaching a post-pandemic high of 7.8% last fall, the average 30-year mortgage rate is now expected to end the year below 6%, according to analysts at Fannie Mae.