Fannie Mae revises economic forecast downward for next two years

WASHINGTON, Dec. 14, 2018 /PRNewswire/ — Full-year 2019 real GDP growth is predicted to slow to 2.3 percent, down from 2018’s projected 3.1 percent, due.

Fannie Mae downgraded its forecast for U.S. economic growth, citing a ratcheting up of trade tensions, and said 2020 will see the worst economy in more than a decade.

Housing remains positive as uncertainty holds down rates: Fannie Mae Fannie Mae increased its mortgage origination forecast as lower interest rates, driven by economic uncertainty, will lead to more refinance activity, but other factors will continue to hold back home purchases.

“This continued decline in mortgage rates and our upwardly revised. to Fannie Mae data. In addition to its housing.

Economy Watch Weekly: US Economic Growth to Slow in 2019 Fannie Mae’s Economic and strategic research group recently revised down its forecast for U.S. economic growth in 2019 and beyond.

Fannie Mae lowers mortgage rate forecast and says home-price growth will accelerate Fannie Mae issued a new forecast that predicts the average U.S. rate for a 30-year fixed mortgage will be 3.7% in the second half of 2019, down from the 3.9% the mortgage financier called for a month ago.

Fannie Mae Holds 2019 Forecast Steady at 2.2 Percent Growth and One Fed Rate Hike But the Fed’s Dovish Shift Is Expected to Help Housing and Broader Economic Conditions Matthew Classick 202-752-3662

Fannie Mae News Service from EIN News. Instant View: U.S. job growth surges, but wage growth remains tepid (Reuters) – U.S. job growth rebounded strongly in June, but moderate wage gains and mounting evidence that the economy was slowing sharply could still encourage the Federal Reserve to cut interest rates this month.

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Fannie Mae’s Economic and Strategic Research Group (ESR) predicts full-year 2019 and 2020 U.S. economic growth of 1.5%, down from Fannie Mae’s previous prediction of 2.1%.

Fannie Mae has revised its economic forecast downward. Trade tensions are causing uncertainty for investors and driving mortgage rates downward. NEXT: Most expensive homes sold in Houston May 2019

Fannie Mae. Fannie Mae revises economic forecast downward for next two years. – R.A. Schuetz. Fannie Mae has downgraded its economic forecast for 2019 and 2020. The mortgage finance company lowered its predictions for economic growth to 2.1.