2025 Mortgage Predictions
Manage episode 456433566 series 3460347
Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about 2025 mortgage predictions. There's a lot to look forward to, after another rate cut yesterday. Mortgagereports.com has some broad predictions "2024 housing market: Key takeaways and what lies ahead."
Some factors that played into the economy in 2024 included
- Prices and inventory (reminder: prices rise, because not enough inventory), in 2025 is probably more of the same plus an increase in homes sold and increase home prices.
- General economy: The economy is strong, even though wallets are pinched, and it will continue to be strong in the coming year.
- Rates. The fed cut their rate by a quarter percent yesterday, and if we hit the Feds target of 2% inflation, rates will continue to come down in 2025.
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation.
Visit our website at nflp.com/licenses for all state licensing and other legal information.
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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.
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