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Sources:
2024 Mortgage Forecast: When Will Rates Go Down?
https://money.usnews.com/loans/mortgages/mortgage-rate-forecast#:~:text=%E2%80%A2,-Fannie%20Mae%3A%20Rates&text=This%20reflects%20a%20major%20downward,2024%20and%205.7%25%20in%202025.
Fannie Mae predicts that higher mortgage rates will stick around longer
https://www.housingwire.com/articles/fannie-mae-predicts-that-higher-mortgage-rates-will-stick-around-longer/#:~:text=Fannie%20Mae%20predicts%20that%20higher%20mortgage%20rates%20will%20stick%20around%20longer,-Mortgage%20rates%20expected&text=Strong%20employment%20numbers%20and%20hotter,ESR)%20group%20said%20this%20week.
Realtor.com Reports Weekly Active Inventory Up 23% YoY; New Listings Down 25% YoY
https://www.calculatedriskblog.com/2023/05/realtorcom-reports-weekly-active_01157454132.html