Fannie Mae has issued a new forecast for the housing market, predicting lower mortgage rates and a corresponding increase in home price growth. Contact us for more homeowner knowledge and strategies.
Fannie Mae lowers mortgage rate forecast and says home-price growth will accelerate: Mortgage giant predicts 30-year fixed rate will average 3.7% in 2019’s second half
“Cheaper mortgage rates will cause a heat-up in home prices, according to the forecast. Last month, Fannie Mae said it expected home prices to grow 4.6% in 2019. In the new forecast, it called for a 5.4% increase.”