Strong Economy, Skeptical Consumers
Fannie Mae’s ESR Group forecasts rates to land at 6.6% by year's end
Fannie Mae’s ESR Group forecasts rates to land at 6.6% by year's end
Fannie Mae forecasts a slow rise in existing home sales and new single-family housing starts amid lower mortgage rates and strengthening sentiment.
Economic and Strategic Research Group says evidence of downturn unlikely to appear until it is unavoidable.
Fannie Mae ESR Group updates forecast, includes more positive outlook on housing construction.
ESR Group says housing activity expected to remain subdued.