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What will mortgage rates be in 2024?

For the calendar year, Fannie Mae expects mortgage rates to average 6.1% in 2024. Want to stay updated on the housing market? Follow me on Twitter at @NewsLambert.

Will the housing market return to normal in 2024?

The U.S. housing market is all set to return to “normal”, as in, how it was prior to the pandemic, by the end of 2024, according to a panel of housing market experts surveyed by Zillow and Pulsenomics.

What will Fannie Mae expect in Q4 2024?

Then Fannie Mae expects mortgage rates to grind down to an average of 5.9% in Q4 2024. For the calendar year, Fannie Mae expects mortgage rates to average 6.1% in 2024. Want to stay updated on the housing market?

Where are the biggest home price drops in 2024?

The biggest forecasted 2024 home price drops are in The Villages, Fla. (-6.33%); Punta Gorda (-5.71%); Cape Coral, Fla. (-4.58%); Lake Havasu, Ariz. (-4.26%); and Spokane, Wash. (-4.11%). Many of these at-risk housing markets are already experiencing the swiftest 2022 slowdowns.

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