Fannie Mae lowers forecasts for mortgage rates, home-price growth
Housing Wire
JULY 24, 2025
Mortgage rates are expected to end 2025 at 6.4% and 2026 at 6% — downward revisions compared with last month’s forecast figures of 6.5% and 6.1%. That’s according to the July 2025 Economic and Housing Outlook released Thursday by Fannie Mae ‘s Economic and Strategic Research (ESR) Group. The ESR Group also updated its home-price growth forecast and now projects annual price appreciation of 2.8% in 2025 and 1.1% in 2026.
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