Items Tagged with 'GDP'

ARTICLES

  • HousingWire's weekly news podcast #4

    We discuss TRID, GDP and the expansion of Freddie Mac's 3% down program
    This week, HousingWire Editor-in-Chief Jacob Gaffney is joined by Reporter Kelsey Ramírez and Online Editor Caroline Basile to discuss the CFPB's final amendment to the Know Before You Owe rule, disappointing GDP results, mortgage rates, and Freddie Mac's expansion of its 3% down program.
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  • Trump tax cuts fail to provide boost to nation’s GDP

    Low GDP reflects current “housing crisis”
    Gross domestic product was a disappointment, shrinking in the first quarter despite the recent tax cuts passed at the end of 2017. One expert explained that the current slowdown reflects an ongoing housing crisis, and what can be done to reverse it.
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  • Construction sees most growth since first quarter of 2016

    Could signal relief to inventory-starved market
    Construction growth saw a surge in the fourth quarter of 2017 to the highest level since the beginning of 2016. Even as the number of new homes constructed continues to struggle, the increasing GDP within the construction industry gives hope that new home construction will soon see a surge.
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  • Final estimate raises fourth quarter GDP to 2.9%

    Growth remains near 3% mark for third consecutive quarter
    The third and final estimate brought the fourth quarter’s gross domestic product up slightly from previous estimates. While growth dipped slightly in the fourth quarter, overall it has held relatively steady since the second quarter of 2017, with growth rates near 3%.
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  • GDP revised down slightly in fourth quarter

    General picture of economic growth remains the same
    Real gross domestic product in the fourth quarter decreased slightly from the previous estimate. The report explained that while the estimated GDP did drop slightly from the previous estimate, the general picture of economic growth remains the same.
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  • Fannie Mae forecasts 2.7% real GDP growth in 2018

    Hikes mortgage interest rate prediction
    Fannie Mae announced it is forecasting strong economic growth with 2.7% real gross domestic product growth in 2018. "While our 2018 growth forecast remains unchanged, upside and downside risks are emerging that are contingent on policy influences."
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  • Economic growth slows in fourth quarter

    An unexpected slowdown
    Economic growth unexpectedly slowed in 2017's fourth quarter with GDP increasing 2.6%, according to an advance estimate from the Bureau of Economic Analysis. For 2017, the economy grew 2.3%, an increase from the 1.5% growth seen in 2016.
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  • Final estimate downwardly revises Q3 GDP

    Still higher than second quarter
    The final estimate for the third quarter decreased gross domestic product slightly from the previous estimate. However, GDP is still up from the second quarter. Despite a slow start to this year, the second and third quarters have shown solid growth.
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  • Fannie Mae: We expect 2017 to go out with a bang

    GDP to come in at 2.5% for the year
    This year is almost over, and it will end on a cheerful note, or so says the December 2017 Economic and Housing Outlook from Fannie Mae. The mortgage giant explained that while its current predictions say 2018’s GDP to decelerate to 2.1%, tax reform could change everything.
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