Understanding and Managing Closing Costs When Buying a Home
Understanding closing costs, how seller concessions can help offset those costs.
Navigating the Mortgage Market Roller Coaster: A Peek into 2024's Predictions
Updated Fannie Mae Rate Forecast
Fannie Mae expects the 30-year fixed mortgage rate to average:
6.5% in Q1 2024 (previously 6.4%)
6.3% in Q2 2024 (p: 6.2%)
6.1% in Q3 2024 (p: 6.0%)
5.9% in Q4 2024 (p: 5.8%)
2025:
5.8% in Q1 2025 (p: 5.7%)
5.7% in Q2 2025 (p: 5.6%)
5.7% in Q3 2025 (p: 5.6%)
5.7% in Q4 2025 (p: 5.5%)
