Items Tagged with 'Economic and Housing Outlook'

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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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  • 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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  • Fannie Mae: Tax reform poses positive risk to economy in 2018

    2017 outlook remains steady despite hurricanes
    The recent hurricanes will do little to bring down economic growth in 2017, however several events could moderate growth in 2018, according to the latest forecast from Fannie Mae. The GSE predicted tax reform poses a positive risk for the new year, and offsets other negative risks looming on the horizon.
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  • Fannie Mae increases economic growth predictions for first time in 2017

    Forecast increases despite uncertainty following hurricanes
    For the first time in 2017, Fannie Mae’s Ecomoic and Strategic Research Group increased its full-year economic growth predictions, despite the many economic uncertainties facing the U.S. But while the group continues to predict a third rate hike in December, it explained there is a growing possibility the interest rate hike will have to hold off until next year.
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  • Fannie Mae: Economic expansion to slow in second half of 2017

    Growth to remain at 2% for year
    Fannie Mae’s latest monthly forecast shows economic growth will slow in the second half of the year, and kept its annual forecast steady at 2%. The company explained residential investment will likely decline in the second half of the year due to the lackluster homebuilding activity and tight inventory which continues to hold back home sales.
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  • Fannie Mae: Economic expansion expected to continue

    But predicts a 21% drop in single-family originations this year
    Fannie Mac predicts increased economic growth in the second quarter, despite the slowdown in the first quarter of 2017. However, it also predicts a large drop in refinance originations which will likely outweigh a modest rise in purchase originations.
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  • Fannie Mae: Consumer spending growth to pick up in Q2

    Full year growth expectations hold at 2%
    Despite the slowdown in economic growth in the first quarter, Fannie Mae remained unchanged in its economic growth forecast, saying consumer spending is set to pick up in the second quarter. And while economic growth slowed in consumer spending, housing remained solid throughout the quarter.
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