Fannie Mae June 2025 Mortgage Forecast | Sharp Upward Revision in Projected Year End 30-Year Mortgage Rate | Northern Virginia Real Estate Market
- Scott Ford
- Jun 28
- 1 min read
Updated: Jul 25
FANNIE MAE REVERSES HARD ON THE 30 YEAR FIXED MORTGAGE RATE PROJECTION FOR END OF 2025.
When asking the question, "How is the Northern Virginia Real Estate Market?", part of the answer is consider the current and future trend of mortgage interest rates.
In their June 2025 Economic & Housing Forecast, dated June 23rd, Fannie Mae raised their projection for 30 Year Fixed Mortgage Rate at the end of 2025.
The new projection is 6.5%, which raises the 6.1% projection in the May Forecast. The June Forecast breaks three straight months of downward projections.
Fannie Mae also revised upwards the projection for mid-2026 to 6.2%, from 5.9% in the May Forecast.
In late-June, the 30 Year Fixed Rate is in the 6.7-6.8% range.
Read more at https://www.fanniemae.com/newsroom/fannie-mae-news/existing-home-sales-forecast-revised-lower-latest-outlook.
For all my deep dive market analysis & monthly updates on the NoVA real estate market, including West End Alexandria & Kingstowne areas, check out bellacasapartners.com/marketnews.
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