Economic, Housing and Mortgage Market Outlook – December …

Dec 20, 2024 · The labor market, while cooling, continues to remain strong and inflation continues to slowly move towards the Fed target of 2% indicating that we remain on a path towards a …

CouponFollow Extension

2%
OFF

Economic, Housing And Mortgage Market Outlook – December …

3 weeks from now

Dec 20, 2024 · The labor market, while cooling, continues to remain strong and inflation continues to slowly move towards the Fed target of 2% indicating that we remain on a path towards a …

freddiemac.com

3%
OFF

Mortgage Rates Rise As Fed Projects Fewer Cuts In 2025

3 weeks from now

Dec 26, 2024 · The housing market outlook for 2025 The Realtor.com® economic research team projects that mortgage rates will average 6.3% through 2025 and end the year at around 6.2%.

realtor.com

7%
OFF

Deep Freeze Hit The Housing Market In December With The …

3 weeks from now

4 days ago · When it comes to nationwide housing stock, the South continued to dominate the market, with a 26.7% surge in active listings compared with December 2023, although the …

realtor.com

75%
OFF

December Mortgage Outlook: A Gift Of Stability - Nasdaq

3 weeks from now

Nov 27, 2024 · Mortgage interest rates are likely to remain about the same in December, with the 30-year fixed-rate home loan staying between 6.75% and 7%.Except for some volatility during …

nasdaq.com

18%
OFF

Did Home Sales Momentum Fizzle In December? - Housingwire.com

3 weeks from now

4 hours ago · The total number of unsold homes on the market to start 2025 is just 18% fewer than at the start of 2018, seven years ago. In 2018, mortgage rates and inventory rose all year.

housingwire.com

7%
OFF

Mortgage Rates Have Plateaued, So What’s Next For Housing?

3 weeks from now

Dec 3, 2024 · Small drop in mortgage rates a good sign for December The 30-year conforming rate moved back below 7% this week, but the next jobs report and Fed meeting will be key …

housingwire.com

7%
OFF

North Bergen, New Jersey Housing Market Report December 2024 …

3 weeks from now

Summary: The North Bergen housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.7%, 2 bedroom homes …

rockethomes.com

6%
OFF

Bergen County Housing Market Report New Jersey - Rocket Homes

3 weeks from now

Summary: The Bergen County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.6%, 2 bedroom …

rockethomes.com

9%
OFF

Jersey City, New Jersey Housing Market Report December 2024

3 weeks from now

Summary: Jersey City housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes …

rockethomes.com

6%
OFF

Housing Forecast 2025: Mortgage Rates Elevated, Home Prices Grow

3 weeks from now

Dec 4, 2024 · Mortgage rates will continue to average above 6% next year, and home prices will keep rising, the Realtor.com® economic research team predicts in its new 2025 housing …

realtor.com

6%
OFF

Mortgage Rate Forecast For 2025: Will Lower Rates Make A …

3 weeks from now

2 days ago · Most housing economists had expected mortgage rates to drop to 6% by the end of 2024, moving into the mid-5% range in 2025. But mortgage rates recently jumped back up …

cnet.com

4%
OFF

Economic, Housing And Mortgage Market Outlook - Freddie Mac

3 weeks from now

Mar 20, 2024 · U.S. housing and mortgage market: The drop in mortgage rates from an average of 7.4% in November 2023 to an average of 6.8% and 6.6% in December 2023 and January …

freddiemac.com

25%
OFF

Mortgage Predictions For Week Of Jan. 5-11, 2025 - CNET

3 weeks from now

1 day ago · Based on current economic conditions, ... 2025 Mortgage Rate Forecast. ... One mortgage point equals a 0.25% decrease in your mortgage rate. More on today's housing market.

cnet.com

FAQs about Economic, Housing and Mortgage Market Outlook – December … Coupon?

What will the housing market look like in 2025?

As we approach the new year, we expect many trends from 2024 to continue in 2025, with housing affordability and the mortgage rate “lock-in effect” continuing to remain key challenges. Below, in addition to our economic and housing outlook, we also share five predictions for the housing market in 2025. ...

How did the housing market recover from the lows of 2023?

U.S. housing and mortgage market: The drop in mortgage rates from an average of 7.4% in November 2023 to an average of 6.8% and 6.6% in December 2023 and January 2024, respectively helped home sales recover from the lows of 2023. ...

What will the housing market look like in 2019?

Average mortgage rates will decline modestly but remain above 6 percent, with likely bouts of volatility. Existing homes sales will remain near 30-year lows, but location matters. New home sales will remain a bright spot in the housing market (where they can be built). National home price growth will decelerate. ...

How did higher mortgage rates affect the housing market in 2023?

U.S. housing market: The housing market felt the impact of higher rates in 2023 with total annual home sales on track to be the lowest since 2012. Total (existing and new) home sales reached 4.4 million units in November 2023, down 1.2% as compared to October 2023 and 6.2% below November 2022. ...

What is the mortgage rate forecast for 2024?

Our mortgage rate forecast is largely unchanged compared to last month. We expect the 30-year fixed mortgage rate to average 6.7 percent in 2024 and 6.4 percent in 2025 (both unchanged from the prior forecast). We expect mortgage rates to average 6.1 percent in 2026, one-tenth lower than we forecast last month. ...

Will the average mortgage rate remain above 6 percent in 2025?

We forecast the average mortgage rate to remain above 6 percent in 2025. Sticky inflation and an apparent stabilization in job market gains have lowered market expectations for future interest rate cuts. ...