December 2017 forecasts from Fannie Mae, Freddie Mac, and the mortgage bankers association. includes forecasts for total originations, refinance originations and purchase originations. Includes annual projections for 2016, 2017 and 2018 as well as quarterly projections for 1Q17 through 4Q18.
The 30-year fixed mortgage rate rose to an average of 4.38 percent this week, the highest level since April 2014, from 4.32 percent in the prior week, according to mortgage finance agency Freddie Mac.
Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-096. Freddie Mac recently priced a new offering of Structured Pass-Through Certificates ( K Certificates ), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominately 10-year terms..
New Data Prompts Freddie Mac to Upgrade Their Forecast May 20 2019, 8:39AM Freddie Mac’s May Forecast continues to look for a downward trending interest on the 30-year fixed-rate mortgage.
None of the 54 economists in a July 18-22 Bloomberg News survey said they expected the central bank to alter the pace of purchases today. Fifty percent forecast that the. according to data compiled.
Home New data prompts CFPB to reopen. New data prompts CFPB to reopen comment period on QM. May 31, 2012. all single-family mortgages purchased or guaranteed by Fannie Mae and Freddie Mac
The change also might prompt some borrowers to refinance into new. s forecast for about 1 million housing starts this year. The FHA news still leaves a major piece of housing policy up in the air:.
So far in 2017, rates have gone as high as 4.30% in March, only to hit a low of 3.86% in August, according to mortgage agency Freddie Mac. That’s a 44-basis-point. A pickup in property values may prompt more Americans to put their homes on the market. percent to 1,593.61 at the close in New York.
Mortgage originations are expected to top $2 trillion this year for the first time since 2012, according to new data from Freddie Mac. Strong home sales and continued growth in house prices are spurring purchase activity, while refinances are surging thanks to low interest rates, Freddie Mac reported.
Freddie Mac expects housing starts to increase to 1.33 million in 2018, up from 1.22 million in 2017. In fact, the GSE predicted that new home sales will continue to increase and become the primary driver of home sales next year. Overall, home sales are expected to increase 2% from this year to next, according to the report.