Mortgage Rates are Declining – Check this out!!
A new forecast by Fannie Mae’s (OTCQB: FNMA) Economic and Strategic Research Group is predicting mortgage rates to end 2025 and 2026 at 6.3% and 6.2%, respectively, downward revisions of three-tenths for each. The revised forecast was mirrored by a mild upward revision for predicted existing home sales in 2025. Fannie Mae also estimated that real gross domestic product (GDP)…