Heathrow Commercial Capital

03/20/2024

Coming up: Fed Meeting Today: Interest-Rate Decision at 2 p.m. LINK

Disclaimer: Average mortgage rates as of Mar 19, 2024. © MND's Daily Rate Index.


1. Fannie Mae's new 2024 predictions
Strong employment numbers and hotter-than-expected inflation data won’t provide the Fed greater confidence to ease its monetary policy in the near term, Fannie Mae said this week. As a result, mortgage rates will remain higher for longer than expected.

Fannie Mae expects the 30-year fixed mortgage rate to average...



6.7% in Q2 2024 (previous forecast: 6.3%)

6.6% in Q3 2024 (p: 6.1%)

6.4% in Q4 2024 (p: 5.9%)

6.3% in Q1 2025 (p: 5.8%)

6.2% in Q2 2025 (p: 5.7%)

6.1% in Q3 2025 (p: 5.7%)

6.0% in Q4 2025 (p: 5.7%)



p = previous forecast published last month.

04/05/2022

Florida highest PRICE GROWTH in the USA.

04/05/2022

Highest 3 month spike in RATES in 40 years...

03/05/2021

Mortgage, Refinance, First time home buyer, Down payment assistance, Investment property, Jumbo loans, Foreign national, VA, FHA, USDA, Conventional loans. Mortgage Equity Partners NMLS #1936

10/02/2020

Eek! Not managing your money properly can have some frightening consequences.These five bad habits may be holding you back from your goals, but it doesn't have

03/18/2020

Considering Monday Rates were AWESOME... We are now down close to 200 bps on the day. Yes you read that right 200 bps. This is not what you all were hoping to hear this afternoon and certainly not what I wanted to send out. But, it is another testament to how quickly this is moving and how fast it can change.

Advice: Once again, the market will come back but the variable continues to be how much and when. Stay tuned…

09/13/2019

The market has gotten worse this week over all. So rates have increased slightly.

05/23/2019

05/16/2019

Area incomes help to establish affordability, and in turn, can support home values when trends are rising.