New Data Prompts Freddie Mac to Upgrade Their Forecast

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Freddie Mac’s May Forecast continues to look for a downward trending interest on the 30-year fixed-rate mortgage. The company’s economists are project an average rate of 4.3 percent this year with a small increase to 4.5 percent in 2020.

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(Adds background, table, graphic) NEW YORK. following a weak-than-forecast reading on the U.S. consumer price index for June. "Continued economic uncertainty and weak inflation data pushed rates.

Freddie Mac predicts that multifamily originations will set another record in 2017 and 2018, but the growth rate will be slower than in the past few years. Rising interest rates through 2018 will cause capitalization rates to increase slightly, which will put downward pressure on property price growth and slow origination volume.

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.

New Data Prompts Freddie Mac to Upgrade Their Forecast Freddie Mac’s May Forecast continues to look for a downward trending interest on the 30-year fixed-rate mortgage. The company’s economists.

New Data Prompts Freddie Mac to Upgrade Their forecast contrasting american National BankShares (NASDAQ:AMNB) & SouthCrest Financial Group (NASDAQ:SCSG) Former Lawyer Pleads Guilty to $4 Million Wire Fraud Where Clients Were Conned Via Forged Judges’ Signatures and Fake Phone Calls

Freddie Mac’s May Forecast continues to look for a downward trending interest on the 30-year fixed-rate mortgage. The company’s economists are project an average rate of 4.3 percent this year with a small increase to 4.5 percent in 2020.

The caveat here is that their forecast came before the economy began to show more serious cracks, and even recession fears, so they’d probably lower their numbers fairly substantially if they were to revise them. trulia 2019 mortgage rate forecast. Then we have Trulia’s forecast, which sees mortgage rates hitting 10-year highs in 2019.

New Data Prompts Freddie Mac to Upgrade Their Forecast Freddie Mac’s May Forecast continues to look for a downward trending interest on the 30-year fixed-rate mortgage. The company’s economists are project an average rate of 4.3 percent this year with a small increase to 4.5 percent in 2020.

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