Tag Archives: Doug Duncan

Mortgage rates have soared to levels last seen prior to the pandemic, as high inflation and strong consumer spending contributed to this upward rate drive.

Younger households are growing more pessimistic with concerns of rising home prices and the future trajectory of mortgage rates.

Fannie Mae has made a series of predictions for the housing market and the economy as a whole in 2022. Click through to see the predictions.

Fannie Mae forecasts an end-of-year surge to drive home sales upward, followed by supply challenges to begin the New Year.

New construction activity rolled onward in November, as a rise in homebuilder sentiment looks to even the supply to demand imbalance in 2022.

Despite pessimism regarding the U.S. economy, and a predicted rise in rates, a new GSE poll found homebuyer sentiment on the rise in October.

Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns.

Mortgage rates rose slightly this week to 2.88%, still below 3%, with prospective homebuyers snatching up all available inventory.

"You can’t buy what’s not for sale, even if your buying power says you can afford it,” notes First American Chief Economist Mark Fleming on the latest potential existing-home sales report.

A serious dearth of inventory and elevated real estate prices continue to make the prospect of home shopping and homebuying too daunting for a majority of Americans today, ...