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September may have been the closest to 6% that mortgage rates will be for awhile.
Yet, dramatic revisions to Fannie Mae forecasts for 2025 signal more difficult mortgage conditions ahead
Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.
CAR expects home prices to soften as inventory rises and competition cools
Fannie Mae says boost to popular index arrived prior to recent jump in mortgage rates to 7%
MSRs are back to trading at a premium of roughly 5x multiples of servicing fees for agency loans.
