Latest news with #MarkPalim
Yahoo
a day ago
- Business
- Yahoo
Expert Panel Expects Moderating Home Price Growth through 2026
WASHINGTON, June 13, 2025 /PRNewswire/ -- Following national home price growth of 5.3% in 2024, a panel of more than 100 housing experts forecasts home price growth to average 2.9% in 2025 and 2.8% in 2026, according to the Q2 2025 Fannie Mae (OTCQB: FNMA) Home Price Expectations Survey (HPES), produced in partnership with Pulsenomics, LLC. The panel's latest estimates of national home price growth represent revisions from last quarter's expectations of 3.4% for 2025 and 3.3% for 2026, as measured by the Fannie Mae Home Price Index (FNM-HPI). As part of this quarter's survey, panelists were also asked whether they expect home price growth in the 20 largest metro-area housing markets will underperform or overperform the national average in the next 12 months, as well as the probability that national year-over-year home price growth will turn negative at any point through the end of 2026. The full HPES data sets and special topic research can be found here. Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae's Economic and Strategic Research (ESR) Group, Pulsenomics, LLC, and the surveyed experts included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, beliefs, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current, or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, beliefs, and other views published by the ESR Group represent the views of that group as of the date indicated and do not necessarily represent the views of Fannie Mae or its management. About Fannie Mae's Home Price Expectations SurveyFannie Mae's Home Price Expectations Survey (HPES), produced in partnership with Pulsenomics, LLC, polls more than 100 experts across the housing and mortgage industry and academia for forecasts of national home price percentage changes in each of the coming five calendar years, with the Fannie Mae Home Price Index as the benchmark. On a quarterly basis, Fannie Mae plans to publish the latest panelist-level expectations. The Q2 2025 HPES had 107 respondents and was conducted by Pulsenomics, LLC, between May 8, 2025, and May 20, 2025. About the ESR GroupFannie Mae's Economic and Strategic Research Group, led by Chief Economist Mark Palim, studies current data, analyzes historical and emerging trends, and conducts surveys of consumer and mortgage lenders to inform forecasts and analyses on the economy, housing, and mortgage markets. About PulsenomicsPulsenomics® is an independent research and index product development firm that leverages expertise in data analytics, opinion research, financial markets, and economics to deliver insight and market intelligence to institutional clients, partners, and the public at large. To learn more, visit Follow Fannie Fannie Mae Newsroomhttps:// Photo of Fannie Maehttps:// Fannie Mae Resource Center1-800-2FANNIE View original content to download multimedia: SOURCE Fannie Mae Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Fannie Mae Publishes May 2025 National Housing Survey Results
WASHINGTON, June 9, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today published the results of its May 2025 National Housing Survey® (NHS), which includes the Home Purchase Sentiment Index® (HPSI), a measure of consumer sentiment toward housing. Month over month, the HPSI increased 4.3 points to 73.5. Year over year, the HPSI is up 4.1 points. For more information, access the latest data release or the key indicator data file. About the ESR GroupFannie Mae's Economic and Strategic Research Group, led by Chief Economist Mark Palim, studies current data, analyzes historical and emerging trends, and conducts surveys of consumer and mortgage lenders to inform forecasts and analyses on the economy, housing, and mortgage markets. Follow Fannie Fannie Mae Newsroomhttps:// Photo of Fannie Maehttps:// Fannie Mae Resource Center1-800-2FANNIE Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae's Economic and Strategic Research (ESR) Group or survey respondents included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, beliefs, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current, or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, beliefs, and other views published by the ESR Group represent the views of that group or survey respondents as of the date indicated and do not necessarily represent the views of Fannie Mae or its management. View original content to download multimedia: SOURCE Fannie Mae Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
07-05-2025
- Business
- Yahoo
Fannie Mae Publishes April 2025 National Housing Survey Results
WASHINGTON, May 7, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today published the results of its April 2025 National Housing Survey® (NHS), which includes the Home Purchase Sentiment Index® (HPSI), a measure of consumer sentiment toward housing. Month over month, the HPSI increased 1.1 points to 69.2. Year over year, the HPSI is down 2.7 points. For more information, access the latest data release or the key indicator data file. About the ESR Group Fannie Mae's Economic and Strategic Research Group, led by Chief Economist Mark Palim, studies current data, analyzes historical and emerging trends, and conducts surveys of consumer and mortgage lenders to inform forecasts and analyses on the economy, housing, and mortgage markets. Follow Fannie Mae Fannie Mae Newsroom Photo of Fannie Mae Fannie Mae Resource Center 1-800-2FANNIE Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae's Economic and Strategic Research (ESR) Group or survey respondents included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, beliefs, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current, or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, beliefs, and other views published by the ESR Group represent the views of that group or survey respondents as of the date indicated and do not necessarily represent the views of Fannie Mae or its management. Cision View original content to download multimedia: SOURCE Fannie Mae
Yahoo
17-04-2025
- Business
- Yahoo
Home Price Growth Remains Steady in First Quarter
WASHINGTON, April 17, 2025 Single-family home prices increased 5.2 percent from Q1 2024 to Q1 2025, largely unchanged from the previous quarter's year-over-year growth pace of 5.3 percent, according to the latest reading of the Fannie Mae (OTCQB: FNMA) Home Price Index (FNM-HPI). The FNM-HPI is a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos. On a quarterly basis, home prices rose 1.4 percent in Q1 2025 on a seasonally adjusted and non-seasonally adjusted basis. The FNM-HPI is produced by aggregating county-level data to create both seasonally adjusted and non-seasonally adjusted national indices that are representative of the whole country and designed to serve as indicators of general single-family home price trends. The FNM-HPI is publicly available at the national level as a quarterly series with a start date of Q1 1975 and extending to the most recent quarter, Q1 2025. Fannie Mae publishes the FNM-HPI approximately mid-month during the first month of each new quarter. The full FNM-HPI data sets and a description of the methodology are available on Fannie Mae's Research and Insights page: Fannie Mae's home price estimates are based on preliminary data available as of the date of index estimation and are subject to change as additional data become available. Opinions, analyses, estimates, forecasts, beliefs, and other views of Fannie Mae's Economic and Strategic Research (ESR) Group included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, beliefs, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, beliefs, and other views published by the ESR group represent the views of that group as of the date indicated and do not necessarily represent the views of Fannie Mae or its management. About the ESR GroupFannie Mae's Economic and Strategic Research Group, led by Chief Economist Mark Palim, studies current data, analyzes historical and emerging trends, and conducts surveys of consumer and mortgage lender groups to provide forecasts and analyses on the economy, housing, and mortgage markets. Follow Fannie Fannie Mae Newsroomhttps:// Photo of Fannie Maehttps:// Fannie Mae Resource Center1-800-2FANNIE View original content to download multimedia: SOURCE Fannie Mae
Miami Herald
11-04-2025
- Business
- Miami Herald
Fannie Mae makes crucial update to 2025 mortgage rate forecast
When the Fed began cutting interest rates in September, many economists and housing experts expected mortgage rates to drop in tandem. However, months of political and economic uncertainty and volatile financial markets have put upward pressure on mortgage rates. Initial projections anticipated mortgage rates would fall below 6% by the end of 2025. However, Fannie Mae revised its forecast several times to factor in Fed interest rate adjustments, inflation, housing sentiment, and general market uncertainty. Don't miss the move: Subscribe to TheStreet's free daily newsletter In a surprising development, the housing organization has recently adjusted its mortgage rate prediction again for 2025 and 2026. The new forecast paints a much brighter picture of the housing market in the year ahead, potentially reigniting homebuyer confidence and boosting spring housing sales. Though mortgage rate projections are subject to change, a mortgage rate relief could be the catalyst needed to rekindle housing market activity. In February, Fannie Mae shockingly revised its mortgage rate forecast, estimating that rates would average nearly 7% by the end of this year and 6.5% by year-end 2026. Inflation expectations, economic uncertainty, and financial volatility caused grim expectations for the housing market. However, mortgage rates have been dropping modestly over the past few months and reached 6.62% this week, the lowest level since October. Fannie Mae now expects mortgage rates to taper down to 6.3% this year and 6.2% in 2026. Mark Palim, Chief Economist at Fannie Mae, explains the underlying economic factors that shifted mortgage rate projections. More on homebuying: The White House will take surprising approach to curb mortgage ratesHousing expert reveals surprising ways to reduce your mortgage rateDave Ramsey warns Americans on a homebuying mistake to avoidWarren Buffett's Berkshire Hathaway sounds the alarm on the 2025 housing market "We expect the recent pullback in mortgage rates will provide a small boost to home sales this year," Palim said. "While our latest forecast calls for a period of modestly slower economic growth, historically, interest rates have been the most important driver of home sales." Many homebuyers have been waiting for housing inventory to rise and mortgage rates to fall before making the commitment to buy a home. This positive update could bring much-needed optimism and confidence to the housing market. In light of lower mortgage rate expectations, Fannie Mae predicts housing sales will improve over the next two years. Total home sales are now projected to reach 4.95 million this year, up from 4.90 million, generating a total of $1.94 trillion. Related: Trump tariff showdown could have huge impact on housing market Spring typically creates the hottest housing markets of the year, as the warm weather incentivizes buyers and sellers, and families tend to time moves with the academic school year. "We think mortgage rates will move even lower within the next quarter and ultimately close the year at approximately 6.3 percent, which could be low enough to generate some extra sales from any would-be buyers still waiting on the sidelines," Palim continued. Housing activity was expected to be weaker this spring than in previous years, but favorable mortgage rates could persuade otherwise cautious buyers. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
