Fannie Mae revises economic forecast downward for next two years

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The Fannie Mae Economic and Strategic Research group revised upward its full-year 2018 economic growth forecast to 3.0 percent – from 2.8 percent in the prior forecast – on expectations that third and fourth quarter inventory restocking will outweigh slowing consumer spending growth and a decline in net exports, according to its august 2018 economic and Housing Outlook.

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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.

-Now Sees 30-Year Fixed Mortgage Rate Below 5% Through Q1 2012 By Yali N’Diaye WASHINGTON (MNI) – Fannie Mae Monday revised down its estimates for both home prices and growth in the United.

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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. Fannie Mae Surveys Market Sentiment – Fannie Mae reported that the net profit margin outlook for mortgage lenders was positive for the first time in almost three years, primarily due to strong demand expectations for both.

As Fannie Mae did earlier in its May Economic Summary. looks for inflation to reach 2.0 percent in the fourth quarter and average 1.9 percent next year. Given recent developments Freddie’s.

WASHINGTON, June 17, 2019 /PRNewswire/ — The Fannie Mae (FNMA) Economic and Strategic Research (ESR) Group downgraded its projections for full-year 2019 and 2020 U.S. economic growth to 2.1.

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.

Thanks to problems in Europe and the slowing of both the US and Chinese economies, consumer attitudes have plateaued after several months of improvement early in the year. Fannie Mae’s Economic.

The Fannie Mae Economic and Strategic Research Group has revised upward its full-year 2018 economic growth forecast to 3.0% — from 2.8% in the prior forecast — on expectations that third and fourth quarter inventory restocking will outweigh slowing consumer spending growth and a decline in net exports, according to its August 2018 Economic and Housing Outlook.

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