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Median purchase application payments rose 3.5% from the end of 2023 — the last 'worst year in decades' for home sales
“We do not need to be in a hurry to adjust our policy stance,” Powell told reporters at Wednesday's press conference
Outlook on present, future turns a bit more glum, particularly among younger age groups
Updated indices, economists say regional factors to determine fate of affordability
Fannie Mae lowered its 2025 originations forecast by 2.5%, and total home sales forecast by 2.25%, this week.
Fannie Mae's Chief Economist expects a difficult balancing act for the 2025 market
