HOUSING FORECAST
1. Home Sales Could Jump 6.8% in 2027
Fannie Mae expects the housing market to regain momentum in 2027, with projected total home sales reaching 5.088 million, up 6.8% from its 2026 forecast.
According to Fannie Mae's July 2026 Housing Forecast, the company's Economic and Strategic Research Group expects home sales to strengthen in 2027.
Fannie Mae's Economic and Strategic Research Group forecasts total home sales will increase from 4.763 million in 2026 to 5.088 million in 2027, a 6.8% gain. The forecast also shows slower home-price growth and a 6.3% average 30-year fixed mortgage rate in 2027.
- Existing home sales are projected to rise from 4.125 million in 2026 to 4.400 million in 2027, while new single-family sales increase from 637,000 to 688,000.
- Fannie Mae's home-price index forecast slows from 2.3% growth in 2026 to 1.0% in 2027, measured fourth quarter over fourth quarter.
- The forecast puts the annual average 30-year fixed mortgage rate at 6.3% in both 2026 and 2027.
Why it matters: The forecast suggests that more homes could change hands in 2027, while price growth may moderate. The projected rate is an annual average, not a quote for any individual borrower, and Fannie Mae notes that forecasts can change as assumptions and market conditions change.
Bottom line: Use the forecast as market context, not as a guarantee of future rates, prices, sales, or financing availability.
Source: Fannie Mae Housing Forecast: read the original report
REGULATORY UPDATE
2. Consumer Watchdog Revamps Credit Complaint System After Five Million Reports
Credit reporting complaints grew from more than 150,000 in 2019 to over five million in 2025, according to the federal consumer bureau. The agency says it is changing how those complaints are authenticated, categorized, and processed.
According to the Consumer Financial Protection Bureau, the complaint system is being revised to improve consistency, identity protection, and operational efficiency.
The Consumer Financial Protection Bureau says it is revising its consumer complaint system, with a focus on credit reporting complaints. The agency cites growth from more than 150,000 credit or consumer reporting complaints in 2019 to more than five million in 2025. It also reports that nationwide consumer reporting agencies closed 2.1 million complaints with non-monetary relief in 2025, compared with more than 1.3 million in 2024.
- The consumer bureau launched two-factor authentication and plans address validation to improve identity and submission information.
- The agency added notice that consumers generally must first dispute inaccurate or incomplete information directly with a consumer reporting agency under federal credit reporting law.
- The consumer bureau says complaints awaiting action for more than 30 calendar days will constitute the operational backlog, while newer matters remain routine work in progress.
Why it matters: Consumers disputing credit report information may encounter more identity checks and a clearer expectation to use the reporting agency’s direct dispute process first. The announcement does not change the accuracy of any individual credit report or guarantee a particular outcome.
Bottom line: For mortgage planning, keep documentation of direct credit report disputes and review how complaint status is defined.
Source: Consumer Financial Protection Bureau Newsroom: read the original report
HOUSING FORECAST
3. Fannie Mae Sees Housing Investment Rebounding 3.9% in 2027
Fannie Mae projects residential fixed investment will decline 1.2% in 2026, measured from the fourth quarter of 2025 to the fourth quarter of 2026, then grow 3.9% in 2027.
According to Fannie Mae’s July Economic Forecast, residential investment is projected to contract in 2026 before recovering in 2027.
Fannie Mae’s Economic and Strategic Research Group released its July 2026 forecast on July 10. The outlook covers economic growth, inflation, employment, interest rates, and residential investment through 2027.
- The forecast puts the federal funds rate at an annual average of 3.6% in both 2026 and 2027.
- The 10-year Treasury yield is projected to average 4.4% in 2026 and 4.6% in 2027.
- Real gross domestic product is projected to grow 2.0% in 2026 and 2.5% in 2027.
Why it matters: The forecast suggests housing activity may remain restrained in 2026, with a stronger projected pace in 2027. Treasury yields are an important market indicator, but this forecast does not establish future mortgage rates or guarantee any borrower outcome.
Bottom line: Use the forecast as context for planning conversations, not as a promise about rates or housing conditions.
Source: Fannie Mae Housing Forecast: read the original report
This RGI Mortgage Brief is for general educational purposes only. Programs, pricing, terms, eligibility, and availability may change and remain subject to complete review and lender approval. This is not a commitment to lend.