2015 Housing Market Outlook
Freddie Mac – 2015 Housing Market Outlook
Freddie Mac just released its 2015 housing market Outlook.
A few highlights from this report:
Home prices to increase 3.9%. This is an increase from their prior report where they expected a 2015 home price increase of 3 1/2%.
A lower revised average 30 year fixed rate mortgage forecast of 3.9% for the year, versus their prior prediction of 4.2%.
Freddie Mac’s (Freddy Mac) chief economist stated:
“Despite the fact the yield curve has flattened, we remain optimistic about the course of the domestic U.S. economy over the next year. Read more