GSE also predicts lower rates, higher originations for ’25 and ’26, with next year to eclipse this one
Tagged: CPI
Norada Real Estate Investments said "rates likely to decline" after the latest CPI report.
Despite a 3.2% increase from last year, Federal Reserve is expected to hold off amid lingering inflation concerns; housing expenses remain stubbornly high.
Decline leads to optimism about a stable rate environment and a potential rise in home sales in the upcoming year.
Both the 30-year and 15-year fixed mortgages reach their highest levels since November.
The increase in the CPI is down from 9.1% at the same point last year.

Core inflation rose 5.3%, raising speculation the Fed will pause rate hikes in June but resume them in July.
Consumer Price Index rose 0.4% in April from a month earlier.
March marks the 23rd consecutive month of annual inflation at 5% or above.