Fannie Mae's ESR Group anticipates minor economic contraction amid waning inflation and rising mortgage rates; housing market to stay subdued through 2024.
Fannie Mae's HPSI paints a complex picture with 66% of consumers ready to sell, but only 18% seeing it as a buying opportunity amidst historic mortgage rate highs.
Fannie Mae's ESR Group foresees challenges in the housing market regardless of the economy's trajectory, with mortgage rates and inflation playing pivotal roles.