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Fannie Mae now estimates that the median U.S. home price in 2022 will climb 11.2% from a year ago to $384,000, Fortune reported. That’s well up from Fannie Mae’s earlier forecast of a 7.9% ...
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.
Fannie Mae’s gauge of housing sentiment jumped 2.9 points in December to 67.2, its highest level since April 2022. The boost was driven by increased optimism that mortgage rates will soften over ...
The average rate on a 30-year fixed-rate mortgage is now at its lowest level since early February, with data from Freddie Mac last week showing rates were down to 6.73% from a peak above 7.2% ...
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 ...
With rates hovering around 7% for a 30-year loan over the last few months, monthly mortgage costs have risen. The national median payment rose past $2,200 in March from $2,184 in February ...
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 Economic and Strategic Research Group has adjusted its outlook for the U.S. housing market for the remainder of 2024, suggesting a modest deceleration in activity due to ...