Today’s News Synopsis:
Fannie Mae slightly lowers its mortgage rate forecast, now projecting 6.4% by end of 2025 and 6.0% by end of 2026.
In The News:
MPA Mag – “Fannie Mae lowers mortgage rate forecasts as Fed faces pressure“ (07-24-25)
“Latest forecast predicts lower mortgage rates and a surge in home sales through 2026“
NAR – “Median Home Prices and Mortgage Payments by County” (07-25-2025)
“Employing the House Price Index growth data from FHFA and integrating it with the latest housing statistics derived from the American Community Survey (2023 ACS estimates), we have computed median home values for 3,110 counties and county-equivalents across the United States.”
CNBC – “Trump floats ‘no tax on capital gains’ for home sales. Here’s who could benefit“ (07-23-25)
“President Donald Trump on Tuesday said the administration is considering ending capital gains taxes on home sales.”
Realtor.com – “It Will Take More Than Federal Land to Solve the U.S. Housing Crisis“ (07-22-25)
“In response to this housing affordability crisis, the GOP put forth a proposal to sell millions of acres of federally-owned land to be developed, an effort intended to ease land constraints and temper home price growth.”
Yahoo Finance – “Trump clashes with Powell over Fed renovations during unusual visit, says he’d ‘love’ lower interest rates” (07-25-2025)
“President Trump made an unusual visit to the Federal Reserve on Thursday, donning a hard hat and being led on a tour of the construction site by Federal Reserve Chairman Jerome Powell to cap weeks of mounting criticisms over the $2.5 billion renovation project.”
California Real Estate Investor Events
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