The market reaction to Trump’s war in Iran sent mortgage rates sharply higher. NAR will revise its bullish 14 percent sales jump as a result. Continue reading
Three key trends to watch in 2026, according to a new forecast by the nation’s largest brokerage: Shadow inventory hitting the market, what happens with jobs and the K-shaped economy. Continue reading
Driving the revised forecast are expectations for slightly cooler economic growth and hotter inflation, which could mean mortgage rates come down a little more slowly. Continue reading
Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool. Continue reading
Slowing economy could also help bring mortgage rates down to Earth more rapidly, with the latest forecast predicting rates will drop to 6.2 percent by the end of this year and to 6 percent next year. Continue reading
Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines. Continue reading