If you are like most Americans, you’ve spent the last few years watching mortgage rates reach historic lows. It is a complex set of factors that impact mortgage rates, and many articles attempt to simplify it.
A recent article on MortgageNewsDaily.com goes into great detail about the various aspects, including graphs that help us visualize what they are saying, It’s a good read if you want to gain a better understanding of the topic.
December 2021
Fannie Mae Revises Forecast for Home Sales
In an informative article written by Jann Swanson for MortgageNewsDaily.com Fannie May has revised the timeline for its home sales forecast. There are multiple factors stated in the article that is affecting the forecast, including:
- Limited Inventory
- Increase in Prices
- Rising Mortgage Rates