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Fannie Mae raises mortgage rate forecast

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Fannie Mae economists are projecting higher mortgage rates through the end of 2026 and into 2027.

The forecast for the 30-year fixed is 7.4% for the fourth quarter and 7.5% through all of next year.

The previous forecast was for 6.8% in the fourth quarter and 6.7% for 2027.

Read more from CNBC.

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