U.S. Bureau of Economic Analysis

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Mortgage rates could reach 5.7% next year, but will sellers give up their 3% rates? 

Oct 17, 2024By

The U.S. economy appears to be on firmer footing than previously thought, mortgage rates are forecast to end 2024 at 6% and home-price growth is also on the move. These are conclusions drawn by economists at Fannie Mae‘s Economic and Strategic Research (ESR) Group. They’re now projecting gross domestic product (GDP) growth to fall from […]

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