Mortgage rates prediction shared by Fannie Mae
https://www.newsweek.com/mortgage-rates-prediction-shared-fannie-mae-1903842
by newsweek
Mortgage rates prediction shared by Fannie Mae
https://www.newsweek.com/mortgage-rates-prediction-shared-fannie-mae-1903842
by newsweek
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By Giulia Carbonaro – US News Reporter:
The Federal National Mortgage Association, better known as Fannie Mae, has revised its expectations for the U.S. housing market this year, anticipating that housing activity will slow down modestly compared to previous projections.
In its latest forecast, released earlier this week, the Fannie Mae (FNMA/OTCQB) Economic and Strategic Research (ESR) Group expects sales to dwindle throughout the year because of stubbornly high mortgage rates, though new home listings will prevent them from dropping significantly. Active home listings, according to Fannie Mae, are now up approximately 30 percent compared to a year ago.
Full story: [https://www.newsweek.com/mortgage-rates-prediction-shared-fannie-mae-1903842](https://www.newsweek.com/mortgage-rates-prediction-shared-fannie-mae-1903842)