Fannie mae, the mortgage bankers association and the. More homes will hit the market as homeowners accept that mortgage rates aren’t falling any time.
Renters who spend more than half of their household income on housing and utilities rose in 2022 to a new record high of 12.1 million, up 1.5 million from levels seen. Mortgage rates should trend a little lower.
June 22, 2024 At 5:00 Am Pdt.
The fed’s forecasts showed that officials expect inflation to prove stickier than they had previously anticipated in 2024:
5 The Historical Average Homeownership Rate Over The.
Fannie mae, the mortgage bankers association and the.
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Fannie Mae Revised Its 2024 Forecast For Total Home Sales To An Annualized Rate Of 4.96 Million, Up From Its Prior Estimate Of 4.79 Million.
The fed’s forecasts showed that officials expect inflation to prove stickier than they had previously anticipated in 2024:
Elevated Mortgage Rates And Limited Housing Supply Will Continue To Influence The Relationship Between Rental And Ownership Markets, With.
Here are mortgage and housing trends to watch for in 2024.
