• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
Quilla NewsFinance & Technology
ENES

Fannie Mae sharply raises its mortgage rate forecast for 2027

FinanceInternationalCNBC15 s readAI summary
Image: CNBC

Fannie Mae economists released a new mortgage rate forecast that is much higher than their previous estimates. The entity projects higher rates through the end of 2026 and into 2027, and puts the average rate on the 30-year fixed mortgage at 7.4% for the fourth quarter.

Read the full story at CNBC

IASummary generated by artificial intelligence from a story by CNBC. It may contain errors: the original source prevails.

More flashes