Fannie Mae has revised its rate outlook, with some reports indicating a lowering of mortgage rate expectations for 2025 and potentially sub-6% rates in 2026. The revised forecast also appears to include changes to mortgage originations and home sales projections, with some outlets noting a decrease in home sales projections for 2026. The exact details and timing of the predicted mortgage rate changes are unclear, but Fannie Mae's revisions suggest significant developments in the mortgage market may be forthcoming.