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via armstrongeconomics.comEconomy

Housing market is not returning to 2020: Fannie Mae raises mortgage rate forecast

FROM THE WIRE · ARMSTRONGECONOMICS.COM

Fannie Mae has sharply raised its mortgage rate forecast for 2027, and the revision should put an end to the fantasy that Americans can simply wait another

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHigher expected mortgage rates weigh on the housing market and bond prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Fannie Mae has sharply raised its mortgage rate forecast for 2027.
  2. 02The article argues Americans cannot simply wait for housing to return to 2020 conditions.

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