Fannie Mae’s Housing Forecast

November 9, 2015 Posted by Matt

Fannie Mae recently released their nationwide projected housing forecast for the 4th quarter of 2015 and all of 2016. Home sales from both resales and new construction are expected to surpass 6 million annually by the end of 2016. Thirty year fixed mortgages are also expected to continue their steady increase over the next year.

Some Housing Forecast Highlights:

30-year fixed mortgage rates are projected to increase steadily over the next year.
Housing Starts will well surpass 2015 numbers.
Home Sales will reach an annual rate of over 6 million by the fourth quarter of 2016.

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