12: Inflation & Interest Rate News: The Ugly Truth Investors NEED to Know

12: Inflation & Interest Rate News: The Ugly ...

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Fannie Mae Sharply Raises 2027 Mortgage Rate Forecast

Is there any relief coming next year for mortgage rates? According to Fannie Mae’s new 2027 mortgage rate prediction…it’s not looking too good. Previous mortgage rate forecasts predicted 6.7% rates throughout 2027. But with inflation running rampant again, a low-rate future looks ...  Show more

Pending Sales Just Fell Below 2008 Levels

Pending home sales just hit their lowest level on record since the NAR started tracking them in 2001—and they fell in all 50 of the country's biggest metros. Winter hasn’t even begun yet, and we’re already seeing the massive effects of high mortgage rates, low affordability, and ...  Show more

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Where Things Stand Now With Inflation and the Fed
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Last week was a big one. On Tuesday, we got a CPI report that came in substantially cooler than expected. Then on Wednesday, the Fed hiked 50 basis points, which was a step down from the series of 75 basis point hikes that we had been getting at recent meetings. So where do thing ...  Show more