Buying a home probably won't get much easier in 2025, says Fannie Mae. But it's not all bad news. [Business Insider]
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Insider
But buyers in some southern and western states should benefit from higher inventory levels. Wages may also grow faster than home prices in 2025, which could improve affordability somewhat. Affordability might improve a little bit next year for homebuyers, especially as mortgage rates ease and incomes rise, but don't expect buying a home to get significantly easier in 2025. Fannie Mae recently published its top five predictions for the 2025 housing market , and the main takeaway is that next year might bring more of the same trends we saw this year, including low affordability and low inventory. "I think a lot of the trends that affected home buyers in 2024 are going to continue into 2025," says Mark Palim, senior vice president and chief economist at Fannie Mae. However, there is potentially some good news, especially if you're in an area with more inventory or homebuilding activity. Mortgage rates will only drop slightly, with 'bouts of volatility' Mortgage rates are f
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News
- Today's Mortgage Rates | The Fed Made a Cut. Mortgage Rates Went Up Anyway. [Business Insider]Business Insider
- Rocket Companies, Inc. (NYSE: RKT) had its price target lowered by analysts at Morgan Stanley from $16.00 to $13.00. They now have an "equal weight" rating on the stock.MarketBeat
- Today's Mortgage Rates | Rates Tick Up As Fed Signals Fewer Cuts in 2025 [Business Insider]Business Insider
- The Fed might make fewer cuts in 2025. What does that mean for mortgage rates? [Business Insider]Business Insider
- Today's Mortgage Rates | Rates Steady Ahead of Fed Announcement [Business Insider]Business Insider
RKT
Earnings
- 11/12/24 - Miss
RKT
Sec Filings
- 12/16/24 - Form 8-K
- 12/3/24 - Form 8-K
- 11/14/24 - Form SC
- RKT's page on the SEC website