Fannie less optimistic about home sales, mortgage rates
Fannie Mae's June housing outlook was down from a month ago, reflecting expectations of a further slowing housing market.
By
Jarrod Barry
Mortgage rates
No Fed rate cut until September at earliest, economists say
None of the economists surveyed by Wolters Kluwer predict the Fed will cut rates at this week's meeting, few expect one in July and 41% said after September.
Mortgage credit offerings at loosest in over two years
While lenders have come out with more products for the spring season, rate lock data finds buyers still hesitant to act because of high mortgage rates.
Mortgage rates move lower for first time in four weeks
Even with the four basis-point drop, the 30-year fixed rate mortgage remained at levels last seen in February as the Spring homebuying season reaches its climax.
Home equity lending has strong two-year runway ahead
The product, as well as the housing market, is different today than what it was two decades ago, where some feel it was a cause of the financial crisis.
Monthly mortgage payments on the rise, but not for long
However, with the market continuing to shift more in favor of homebuyers, home prices should move lower, aiding affordability in the weeks ahead.
Mortgage rates will go below 6% next year, Fannie says
Increases in gross domestic product and home sales expectations compared with April are the drivers of Fannie Mae's latest mortgage outlook for 2025 and 2026.
Mortgage rates down as tariff tantrum ends
Pricing on the 30-year fixed rate mortgage retreated this week as investors digested some economic news, including a GDP contraction in the first quarter.
Mortgage rates level off after wild swings
While the 30-year rate landed near its level of a week ago, it ended up there only after political developments led to up-and-down swings in Treasurys.
Mortgage rates at highest since February, Freddie Mac says
The 30-year fixed rate mortgage average rose 21 basis points this week, lagging other indicators, which are all now lower than seven days ago.
Tariff twist boosts mortgage stocks, interest rates still up
Pres. Trump's decision to pause most of the tariffs has sparked a rally in the stock market, but the 10-year yield, while off of its peak, remains higher.
Refi boomlet likely as mortgage rates start to fall
If mortgage rates drop into the low 6% range, there will be a retention opportunity on 5.4 million loans that have interest rates starting at 6.5%.
Mortgage rates move lower on tariff uncertainty
Mortgage rates remain in the 6.6% range, with the tariff news so far having little impact, but could change given the 35 basis point drop in the 10-year yield.
Mortgage rate decline ends as Treasury yields edge higher
The good news in the Consumer Price Index report has not carried over to the 10-year Treasury yield and thus mortgage rates, Freddie Mac found.
Mortgage credit hits 2-year high but remains tight
For the first time in almost two years, mortgage products available for consumers are at a level established in 2012.
What DOGE-driven U.S. job cuts portend for mortgage rates
Independent monetary policymakers have resisted President Trump's call to lower financing costs but could find it harder to ignore employment losses.
Fannie Mae cuts mortgage forecast as uncertainty persists
The potential impacts of import tariffs cloud the outlook, though, and could lead mortgage rates to surge and fall throughout the coming year.
Fed rate cut outlook shifts amid inflation, policy uncertainty
Most participants in a monthly Wolters Kluwer survey no longer think the next short-term rate reduction will be in March.
After tariff-driven volatility, mortgage rates move lower
The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer.
Mortgage rates in US. inch down, keeping 30-year loans below 7%
Stability in mortgage rates may be key to unlocking pent-up demand during the upcoming spring homebuying season, but with loans still expensive and prices continuing to rise, affordability remains a hurdle.
Load More
Couldn’t load more articles. Try again.