Fannie Mae Raises 2027 Mortgage Rate Forecast, Signaling Slower Housing Recovery
The agency now expects mortgage rates to average 7.5% next year, with lower home sales projections.
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The agency now expects mortgage rates to average 7.5% next year, with lower home sales projections.
Redfin data reveals a significant shift in the U.S. housing market, with buyers holding more negotiating power than they have in over a decade.
For the seventh consecutive week, mortgage rates have climbed, reaching levels not seen since 2023. Here's how this affects Florida's housing market.
Redfin reports a 3.5% weekly decline in pending home sales, offering buyers more negotiating power and choices.
Rising mortgage payments and home prices are keeping potential buyers on the sidelines, while sellers adjust to longer market times.
San Francisco's housing market is accelerating on the back of AI-industry wealth, while Seattle's market cools under the weight of tech layoffs and economic uncertainty. Redfin data shows the two cities are now moving in sharply opposite directions.