© Khumaer.us
Boise, ID (CBS2) — Fannie Mae has revised its forecast for the 30-year fixed-rate mortgage, now predicting it will average 6.8% throughout 2025 and conclude the year at 6.6%. Marking the second consecutive upward revision by the mortgage finance company, which initially projected rates to average 6.2% by the end of 2025, later adjusting to 6.5% in January, according to Boise Regional Realtors.
The revisions come amid uncertainty surrounding the implementation of former President Donald Trump’s tariff agenda, which could impact homebuilding costs and long-term borrowing rates. Higher tariffs may lead to goods inflation and drive interest rates higher, with Trump having previously threatened, then suspended, significant tariffs on Canada and Mexico.
“Economic growth was strong to start the year as fourth-quarter personal consumption data came in above our expectations,” said Kim Betancourt, Fannie Mae’s vice president of multifamily economic and strategic research. “However, ongoing uncertainty around trade policy adds risk to our GDP and inflation outlooks, which may have implications for mortgage rates, although the direction—up or down—would depend on a number of factors,” she added.
In related news, Idaho’s population grew by 1.6% in 2024, ranking it seventh nationally for growth. The state also led the nation with a 2.2% increase in birth rates. Despite this growth, Idaho’s median home price remains higher than 10 of the top 15 fastest-growing states in the country. While major changes in home prices have not been observed in 2025, current median prices in large counties like Ada are below the 2024 median.
Boise has experienced the fastest growth in high-end home prices among major markets nationwide over the past eight years. Since 2017, list prices at the 90th percentile in Boise have surged 150% to nearly $1.3 million, the largest increase among the country’s 1,000 largest metro areas. This trend is believed to have been bolstered by individuals seeking quieter lifestyles with access to the outdoors during and after the COVID-19 pandemic.
Additionally, the city of Nampa announced that Tractor Supply will build a new distribution center to serve the Pacific Northwest’s 200 stores. The $225 million facility will span 865,000 square feet and create 500 jobs. There are currently 12 retail stores in Idaho, with Emmett, Kuna, and Middleton nearby.
Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.
Aggregated From –
We do not take money from any political parties. We do not endorse In_dia’s ruling party BJP and In_dia’s Prime Minister’s position on keeping In_dia a closed market, ambiguous economy, and keeping India as a heavy taxing country so no one from outside world wants to do business here. It’s like denying In_dia its right in the world…
BJP Government also discourages small and local media, coming down on them heavily regulating and using lawful actions along with soft threats from demented bureaucrat extremists and other extremist groups. On one hand, the mainstream media in In_dia is getting rich and on other hand the local small media is being strangulated. So if not automated or required, We do not willfully publish any content from In_dia or pertaining to that country.
“The parasitic left-wing media and their bottom-feeding cronies have devolved into nothing more than freeloading scavengers, desperately leeching onto every possible news outlet to vomit their hatred for President Trump, Elon Musk, the GOP, and whatever shred of sanity remains in this world. If this portal ever falls prey to their filth—if any of their fraudulent, brain-dead propaganda worms its way into our automated news curation—then it’s open season on these slime-covered hacks. These sewer-dwelling propagandists, along with their PR lackeys and shadowy intelligence handlers, keep trying to smear us with their garbage. Like disobedient pets, they need to be dealt with. And dealt with they shall be—right here on Khumaer.us, the personal news battleground of Khumaer Bayas. Let’s expose them for the lying vermin they are!”
