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184 days

Housing Market: Will Mortgage Rates Spur Home Buyers This Spring? - Barron's

1. Economists predict a rebound in existing-home sales this year. 2. Fannie Mae expects only a 2.3% increase in sales. 3. Fluctuating mortgage rates remain a key uncertainty for recovery. 4. Mortgage rates are projected to remain above 6% this year. 5. Home-buying sentiment may improve with stable mortgage rates.

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FAQ

Why Bullish?

Despite modest expectations, any improvement in buyer sentiment could positively influence FNMA, similar to previous recoveries when rates stabilized.

How important is it?

The article directly impacts FNMA’s outlook based on housing market conditions, closely linked to mortgage rates.

Why Short Term?

Changes in sentiment and mortgage rates could quickly affect sales, reminiscent of prior market fluctuations in response to economic data.

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