Rates Keep Rising | Today in Mortgages Ep. 271

Fannie Mae just revamped its mortgage rate forecast, and the predictions for 2026-2027 are not what we expected. With the national debt crossing the $40 trillion mark and continued market volatility, what does this mean for homebuyers and real estate professionals navigating the current landscape? In this episode, Rich Jefferson and Michael discuss the factors driving the new forecast and what it takes to succeed in a high-interest-rate environment. **What we cover:** * How the staggering $40 trillion national debt is impacting interest rates. * Fannie Mae's revised mortgage rate predictions for the rest of the year and into 2027. * Why waiting for rates to drop can be a 'fool's game' and cost you more in the long run. * Strategic advice for using seller concessions to secure a permanent rate buydown. What's your strategy for advising clients in this market? Share your thoughts in the comments below! Today in Mortgages is produced by Network Funding, LP | Equal Housing Opportunity Lender, NMLS ID #2297 | nflp.com/licensesSee more at TodayInMortgages.comWant to get expert coaching everyday and have the power of the best Network in Mortgages behind your production business? Learn more here. Learn more about Network Funding on our parent site. 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.