article thumbnail

Originations forecast through 2026 ‘dampened’ by inflation, GDP and labor market growth

Housing Wire

Persistent economic trends that include inflation, a strong labor market and real gross domestic product (GDP) growth will continue to “dampen” mortgage origination activity through at least the end of 2026, according to the newest U.S. mortgage originations outlook from financial services forecasting and advisory company iEmergent.

Marketing 448
article thumbnail

Pending Home Sales Climb to Highest Level Since March

Appraisal Buzz

According to Yun, in 2025 and 2026, the median price of an existing home will increase to $410,700 and $420,000, respectively. In 2025, the yearly 30-year fixed mortgage rate will drop to 5.9%, but in 2026, it will rise to 6.1%. million in 2025 and more than 5 million in 2026,” Yun said.

Contracts 418
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blue Sage Solutions’ David Aach on launching full servicing by 2026

Housing Wire

David Aach , the company’s chief operating officer, sat down with HousingWire s Sarah Wolak to talk about Blue Sage’s goals for full implementation by 2026 and the hurdles the platform has overcome as a newcomer to the servicing industry. This interview has been edited for length and clarity.

Investors 201
article thumbnail

Fannie Mae Projects Mortgage Rate Drops on the Horizon

Appraisal Buzz

According to Fannie Maes Economic and Strategic Research (ESR) Group , mortgage rates are now expected to end 2025 and 2026 at 6.3% in 2026, modest downward revisions owing to weaker incoming data and greater clarity on trade policy. and 6.2%, respectively, downward revisions of three-tenths for each. in 2025 and 2.1%

Mortgage 435
article thumbnail

NAR’s existing-home sales forecast for 2025 gets a haircut

Housing Wire

NAR also updated its 2026 projections. It previously predicted home-price growth of 2% in 2025 and 2026, but it has revised these upward to 3% and 4%, respectively. These are downward revisions from the forecast they released in late 2024, which predicted existing-home sales in 2025 to hit 4.9

Realtors 273
article thumbnail

Home Price Growth to Decelerate Over the Next 24 Months

Appraisal Buzz

for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI). According to the Q4 2024 Fannie Mae Home Price Expectations Survey (HPES) , following an average expectation for national home price growth of 5.2% in 2024, a panel of more than 100 housing experts forecasts home price growth to decelerate to 3.8% in 2025 and 3.6%

Inventory 397
article thumbnail

Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

The deal is projected to boost Rockets adjusted earnings per share by late 2026. .” Rocket expects the merger to generate over $200 million in run-rate synergies by 2027, including $140 million in cost savings from streamlining operations and $60 million in revenue gains by connecting financing clients with Redfin agents.

Brokerage 482