9. Quarter
Fannie
Mae
Freddie
Mac
MBA NAR
Average
of all four
2016 1Q 4.0% 4.1% 4.2% 4.1% 4.10%
2016 2Q 4.0% 4.3% 4.4% 4.3% 4.25%
2016 3Q 4.1% 4.5% 4.6% 4.6% 4.45%
2016 4Q 4.1% 4.7% 4.8% 4.9% 4.63%
Mortgage Rate Projections
1/2016
10. Which Group is
Most Sensitive to
Interest Rates?
First American Real Estate Sentiment Index
11. The buying season starts earlier and
earlier
More inventory comes on in the spring
and summer but there are more
buyers and sellers
Sellers will be flush with equity and be
motivated to get into another home
quickly pushing prices higher
15. $500,000
$518,510
$534,601
$551,191
$568,296
January 2016 January 2017 January 2018 January 2019 January 2020
$68,296
Increased home equity based on price appreciation projected by the Home Price Expectation Survey
potential growth in family wealth over
the next four years based solely on
increased home equity
Home Price Expectation Survey 2015 3Q
The Echo boom generation is huge in sheer numbers. In fact, it is larger than the baby boomers generation. This will have serious implications to the housing market as this generation matures and enters the home buying years.