Fannie Mae now projects lower mortgage rates and increased volume for this year and next, raising its home sales expectations from June. By contrast, the Mortgage Bankers Association cut its origination outlook for 2025 in its own July forecast. The MBA’s rate expectations for both this year and next, as well as the 2026 volume […]
Fannie Mae cuts rate forecast, raises volume outlook Read More »
Sales of new homes in the US remained weak in June as builders’ heavier use of sales incentives failed to motivate buyers put off by high costs. Contract signings on new single-family homes increased 0.6% to an annualized rate of 627,000 last month, according to government data released Thursday. That fell short of the 650,000
New-home sales remain tepid on affordability constraints Read More »
If you’ve been watching the market, you’ve likely noticed a few changes already this year. But what’s next? From home prices to mortgage rates, here’s what the latest expert forecasts suggest for the rest of 2025 – and what these shifts could mean for you. Will Home Prices Fall? Many buyers are hoping home prices
Housing Market Forecasts for the Rest of 2025 Read More »