What’s in store for the rest of 2025?
Further Fed cuts look likely in the months ahead, with Morgan Stanley recently indicating it expects each of the central bank’s remaining decisions of 2025 to see rates fall.
Mortgage rates, meanwhile, aren’t exactly set to plummet this year and next, but they’re still likely to move lower – barring unexpected economic shocks – by the end of 2026. Fannie Mae’s latest forecast anticipates an average 30-year fixed rate of 6.1% by December next year.
Elezaj and UWM aren’t mapping out their strategy based on market watchers’ projections, he said, but rather gearing up to make sure they’re ready for when rates continue to fall.
“The way that we look at it is, ‘Hey, let’s be prepared, let’s continue to gain market share, let’s continue to help brokers and dominate what we do,’” he said, “so if they do drop faster than we expect, then we’re prepared, we’re executing on it, and we feel great about it.”
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