Fannie Mae revises economic forecast downward for next two years

Fannie Mae used a fair number of trade-offs in while coming up with its revised outlook for the real gross domestic product (GDP) this year. The company’s economists, headed by Chief Economist.

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He’s also in charge of preparing a revised economic forecast covering. Earlier this year Donovan urged Congress to support a Senate effort to remake the nation’s housing finance system by winding.

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.

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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.

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. growth led us to revise lower our full-year 2019 and 2020 forecasts. In order to sustain the longest expansion in more than 70 years, we. 2 days ago.

WASHINGTON, Feb. 21, 2019 /PRNewswire/ — The Fannie Mae Economic and strategic research (esr) group in its February forecast update is maintaining its prediction for 2.2 percent full-year growth.

Fannie Mae downgraded its forecast for. 2020 will see the worst economy since the Great Recession. The mortgage giant revised its projection for GDP growth to 1.5% for next year, which would be the.

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Fannie Mae is backing down slightly on its economic forecast for the remainder of 2018. The first quarter GDP growth of 2.3 percent was the slowest in a year, down from 2.9 percent a year earlier. Following more than two years of. will increase in the next 12 months, down from 74 percent in the previous year.

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%. The GSE cites.

Fannie Mae. Fannie Mae revises economic forecast downward for next two years. chron.com – 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.

Fannie Mae revises economic forecast downward for next two years – 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.