Items Tagged with 'Doug Duncan'

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Fannie Mae: New jobs report basically guarantees December rate hike

"We believe that today's firm jobs report seals the deal"
Earlier this week, the Federal Open Market Committee announced that it plans to leave the federal funds rate unchanged, but the way the FOMC framed the announcement led many to believe that a rake hike is coming in December. And Friday's jobs report did not contain any significant information that would warrant further delaying a rate hike - in fact, it all but guaranteed a December rate hike, according to Fannie Mae's chief economist.
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Fannie Mae: Economic rebound on the horizon

Housing’s first quarter slump now “in the rearview”
Recent indicators suggest that the U.S. is experiencing a moderate rebound in economic growth in the current quarter following a temporary drop in activity in the first quarter. What does it mean for you?
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Fannie, Freddie, MBA economists predict interest rate hike in 2015

Fannie Mae economist: Demand weakness is a bigger issue than tight credit
During a high-level discussion about the outlook of the housing economy at the Mortgage Bankers Association’s National Secondary Market Conference, economists from Fannie Mae, Freddie Mac and the MBA all predicted that the Federal Reserve will begin raising the Federal Funds Rate at some point this year, most likely in September, which will drive an increase in interest rates.
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