Weekly mortgage rates fall but Fannie Mae expects higher rates ahead

Mortgage rates saw a decline this week, according to reports from homenewshere.com and bryantimes.com.

Despite the recent fall, Fannie Mae forecasts that mortgage rates will rise going forward.

This outlook suggests potential changes in the housing market and borrowing costs in the coming period.

Homebuyers and industry stakeholders may need to prepare for higher mortgage rates as projected by Fannie Mae.