
Fannie Mae: Lower Mortgage Rates Ahead, But Home Supply Tightens
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Fannie Maes March Housing Forecast predicts a dip in thirty-year fixed mortgage rates below six percent for 2026 and 2027, boosting affordability. However, fewer new homes may lead to tighter inventory and increased competition for buyers. The forecast also shows a six percent drop in single-family housing starts in the first three quarters of 2026, followed by a rise in the fourth quarter and 2027. Lower rates could offer cheaper monthly payments and refinancing opportunities, but home prices are expected to remain elevated due to limited supply. Experts advise focusing on personal financial situations rather than waiting for ideal market conditions.
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