1. Exhibit 1:Summary Table
2017
2018
2019
30-year PMMS (%)
4.0
4.5
5.1
Total home sales (M)
6.12
6.07
6.18
House price growth (%)
7.2
5.5
Total originations ($B)
$1,810
$1,649
$1,650

2. Exhibit 2: Mortgage rates expected to continue to rise in 2019
Percent
Source: Freddie Mac Primary Mortgage Market Survey® (PMMS®)
Dashed line indicates forecasted data.

3. Exhibit 3: Home Sales expected to regain momentum despite recent dip
Source: US Census Bureau, Freddie Mac August 2018 Economic and Housing Research Outlook.
Note: Dashed line indicates forecasted data

4. Exhibit 4: House Price Appreciation in the U.S.
Source: Freddie Mac House Price Index, July 2018 Economic and Housing Research Outlook
Note: Shaded bars indicate forecasted data.

5. Exhibit 5: Mortgage originations likely to decline slightly in 2018
Purchase ($T)
Refi
($T)
Source: Freddie Mac August 2018 Economic and Housing Research Outlook
Note: Totals may not add due to rounding ; * Includes only 1st liens