Fannie Mae makes surprising update to 2025 mortgage rate forecast
Home buyers can expect to see a big change in mortgage rates.
Mortgage rates play a major role in the affordability crisis fueling housing market gridlock.
When rates surged in 2022, home buyers and housing experts predicted a temporary rise. However, elevated rates have remained constant over the past three years.
As consumers pause house hunting hoping for housing market improvements, housing sales have been stagnant.
