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Freddie Mac survey finds rates had fallen slightly over the past week; economists say conflict one reason for that.
Rising rates, omicron variant, and the weather cited as curbing sales; downward pressure on rates seen as Russia-Ukraine conflict rages.
Its Economic & Strategic Research Group says rising mortgage rates and even higher home prices will limit affordability.
For the full year, Fannie Mae reported net income of $22.2 billion, an 88% increase from $11.8 billion for all of 2020.
Fannie Mae's Home Purchase Sentiment Index slipped by 2.4 points to 71.8 in Jan. 2022.
Fannie prices $1 billion Multifamily DUS REMIC, Freddie prices $685 million Multifamily When-Issued K-Deal.
