Analysis and Data
Fannie Mae lowered its 2025 originations forecast by 2.5%, and total home sales forecast by 2.25%, this week.
One-third of typical mortgage payment now made up of taxes and insurance
Affordability gap between renting and buying "is likely to widen further in 2025"
MBA's Fratantoni says economic data likely to keep rates 'steady at these levels'
Single-family home rents barely grow in 2024, up only 0.8%
Total housing starts fell nearly 4% in 2024, but began picking up pace in December
Midwest cities have seen the highest growth rates, challenging their status as “budget-friendly”
A surprise deceleration in core inflation, however, offers market a "glimmer of hope"
Half of current homeowners planning to move in 2025 cite politics as driving motivation
As borrowers increasingly rely on government and non-conforming loans, the GSE market has shrunk dramatically