Fannie Mae lowered their rate forecast for 2025 to 6.2% to 6.1% and for end of year 2026 from 6% to 5.8%.
There are more than 4M borrowers with rates over 7% right now so this is welcome news. We can get you pre-qualified and ready to go when rates start dropping.
Soft credit pull http://www.YourApplicationOnline.com
Housing report Case-Shiller
Home prices rose 3.4% year over year. What’s interesting is the big cities 10-20 city indices were higher nationwide, showing that big cities are outperforming. the 10-city index is up 4.8% with the 20-city up 4.1%.
Durable Goods Orders
Fell 6.3% in April but less than the -7.8% expected. Tariffs are the Culprit.
With summer just around the corner, I thought I would share a Disneyland pic from last year.
