Rates have room to come down as economy cools: Fannie Mae
Tariffs are expected to rekindle inflation and slow economic growth, but the recent pullback in mortgage rates should provide a 'small boost' to home sales this year, economists say
by Matt Carter Mar 28
Inflation, job worries drive 'horrific' consumer confidence report
Republicans are less worried about the future than Democrats and Independents, but 'consumers from all 3 political affiliations are in agreement that the outlook has weakened since February'
by Matt Carter Mar 14
A small but growing minority think it's a good time to buy a home
While only 1 in 4 Americans surveyed last month by mortgage giant Fannie Mae said its was a good time to buy a home, that's up from an all-time low of 14% last spring
by Matt Carter Mar 7
Economists no longer expect big drop in mortgage rates this year
Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines: Fannie Mae
by Matt Carter Jan 24
Would-be homebuyers are still looking for conditions to improve
Americans are more hopeful that the economy is on the right track than they were a year ago, but only 1 in 5 thought December was a good time to buy a home, Fannie Mae surveys show
by Matt Carter Jan 7
Home prices hit new highs in 2024. These 2 factors could ease the pain 
Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall
by Matt Carter Jan 2
Forecasters see strong economy keeping a lid on 2025 home sales
According to Inman's 2025 economic outlook, a soft landing for the economy would mean home prices keep rising and mortgage rates settle in at around 6%, with sales varying widely by region
by Matt Carter Dec 30
Homebuyers show readiness to pounce when mortgage rates dip
Requests for purchase loans picked up last week during a short-lived drop in rates, MBA survey shows, helped by gradually improving inventory conditions and economic outlook
by Matt Carter Dec 18
Why millions of Americans WANT the housing market to crash
Some renters think a crash would help them buy a home. But a surprising number of homeowners also think a major downturn would be a good thing, LendingTree survey finds
by Matt Carter Dec 17
Fannie Mae forecasts 'significant regional variation' in 2025 sales
'From an affordability perspective, we think 2025 will look a lot like 2024,' Fannie Mae chief economist says, but with more inventory in Sun Belt states, Mountain West and Pacific Northwest
by Matt Carter Dec 16
Americans optimistic home prices and mortgage rates have peaked
While only 23% of Americans surveyed by mortgage giant Fannie Mae in November thought it was a good time to buy a home, that's up from 14% a year ago when mortgage rates were peaking
by Matt Carter Dec 9
Dramatic downward revisions for projected 2025 home sales: Fannie
Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year
by Matt Carter Nov 21
Record number of Americans say they'd rather rent than buy
Housing market sentiment rose in October to the highest level since February 2022, but 8 in 10 consumers still said it was a bad time to buy: Fannie Mae survey
by Matt Carter Nov 7
Strong economy may prop up home prices, mortgage rates
Fannie Mae economists say surprising strength of the US economy means home prices are likely to keep rising, and mortgage rates may not come down as quickly as previously expected
by Matt Carter Oct 17
Consumer housing sentiment hits 30-month high in September
More than 8 in 10 Americans still said it was a bad time to buy a home, and mortgage rates have been climbing again since Fannie Mae conducted the monthly National Housing Survey
by Matt Carter Oct 7