It's looking to be another brutal year for weary homebuyers as 2025 kicks off
The 30-year mortgage rate topped 7% this week. Inventory, meanwhile, is tight. Buyers should expect any dip in mortgage rates ...
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Buying a home probably won't get much easier in 2025, says Fannie Mae. But it's not all bad news.
"I think a lot of the trends that affected home buyers in 2024 are going to continue into 2025," says Mark Palim, senior vice president and chief economist at Fannie Mae. However, there is ...
Home Price Growth Reaccelerates in Fourth Quarter
Single-family home prices increased 5.8 percent from Q4 2023 to Q4 2024, an acceleration from the previous quarter's downwardly revised annual growth rate of 5.4 percent, according to the latest ...
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Consumer sentiment on mortgage rates better than last year
attributable in part to respondents’ ongoing expectations that mortgage rates will decline,” said Mark Palim, vice president and chief economist at Fannie Mae. “However, just over one in ...
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It's looking to be another brutal year for weary homebuyers as 2025 kicks off
"The housing market in 2025 faces a difficult balancing act," Fannie Mae's Mark Palim said. US homebuyers are going to have to gird themselves for another tough year of navigating a tight housing ...
Fannie Mae: Home Price Growth Reaccelerates in Fourth Quarter
Latest FNM-HPI Reading Shows Year-over-Year Increase of 5.8 Percent in Q4 2024 WASHINGTON, Jan. 14, 2025 /PRNewswire/ -- Single-family home prices increased 5.8 ...