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Fannie Mae revises economic forecast downward for next two years

-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.

Fannie Mae Holds 2019 Forecast Steady at 2.2 Percent Growth and One Fed Rate Hike PR Newswire 8:00 AM ET 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 in 2019, down from 3.1 percent in 2018. A smaller boost from previously

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Written By: Joel Palmer, Op-Ed Writer Fannie Mae expects the Federal. In its recently released January Economic and Housing Outlook, However, the forecast continues to expect refinance volumes to decline over the next two years .. this year to 2.2 percent, down from last year's estimated 3.1 percent.

In addition to the recession's impact on potential growth, the economy faces a. of 2.6 percent per year, reaching $17.6 trillion in the target year of the projections. then began to drift downward, falling by about 1.0 percent before the onset of. for the automobile industry, and the government takeover of Fannie Mae and .

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employment and the stimulus package is allowed to expire in two years.. We will revise the estimates at various times following the.. CBO also treats the government's bailout of Fannie Mae and Freddie.. share of GDP over the last seven years of the projection. One can break this deterioration down.

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The predictions from the two GSEs are updated monthly. fannie Mae’s most recent forecast was for $1.13 trillion in purchase originations. down the same way, but is expected refinancing to have a 33.

The mortgage finance company lowered its predictions for economic growth to 2.1. flipboard: fannie Mae revises economic forecast downward for next two years from Houston Chronicle added this to Latest from Chron

February 22, 2019. Fannie Mae expects GDP growth of 2.2% this year, down from 3.1% in 2018. The GSE’s Economic and Strategic Research Group is also predicting just one hike by the Federal Reserve to the federal funds rate during 2019.

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Fannie mae receives top honors for Most Accurate Forecast. In 2016, Fannie Mae’s Economic & Strategic Research Group won the NABE Outlook Award presented annually for the most accurate GDP and Treasury note yield forecasts.

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