Current interest rate levels are unlikely to budge until 2028 at the earliest, remaining within the same 10 basis point range for the next 18 months, according to a newly revised outlook from Fannie Mae. Processing Content The government-sponsored enterprise projects the 30-year fixed rate to average 6.3% in each of this year’s remaining quarters […]
Fannie Mae raises mortgage rate forecast through 2027 Read More »
Independent mortgage bankers achieved origination profitability for the fourth consecutive period in the first quarter, but at the same time, costs increased as well, the Mortgage Bankers Association said. Processing Content IMBs and bank mortgage subsidiaries reported an average pretax net production profit of $727 per loan, compared with a net production profit of $674
IMBs stay profitable, but costs climb in Q1 Read More »
A November 2025 National Association of Realtors profile of Home Buyers and Home Sellers concluded that “the typical age of first-time buyers climbed to an all-time high of 40 years.” and “The share of first-time home buyers dropped to a record low of 21%.” Processing Content The President recently issued two Executive Orders [EO on
CHLA calls for ‘moon shot’ to boost Gen Z homeownership Read More »