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Fannie Mae released its January housing forecast, noting a revision that sees 30-year rates decreasing to 6.5% by the end of this year and 6.3% by the close of 2026.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Mortgage rates are likely to come down before the end of the year -- but that drop may be minor. ... But as of July 25, the average 30-year mortgage rate was nearly 6.8%. If rates were to fall to ...
Meanwhile, the pace of new single-family home sales fell 16.5 percent in May 2024 from a year earlier, per NAHB data. Mortgage rates: According to Bankrate’s weekly survey of large lenders, the ...
Mortgage rates are relatively steady as of Tuesday, January 21, 2025, with the 30-year fixed benchmark now averaging over 7.10% a day after President Donald Trump was sworn in for a second term in ...
Fannie Mae increased its year-end prediction to 6.4% from 5.9% earlier in the year. The NAR modified its forecast to 6.5% from 6.3%. Wells Fargo's May economic summary adjusted its monthly rate ...