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Tag Archives: Doug Duncan

Q3 Home Price Growth Decelerates Sharply

As Fannie Mae predicted in the second quarter of 2022, home price growth decelerated sharply during the third quarter, which fell in-line with a sharp rise in mortgage rates, further proving that the current rate and home price environment is weighing on affordability.

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Fannie Mae Continues to Forecast 2023 Recession

According to new research from Fannie Mae’s Economic and Strategic Research Group (ESR), the housing market is expected to further cool as mortgage rates continue to rise and continues to predict an official recession conditions in 2023.  According to the ...

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Fannie Mae Chief to Receive Award for Forecast Accuracy

As economic uncertainty continues amidst market turmoil and talks of recession, Fannie Mae Senior Vice President and Chief Economist Douglas G. Duncan predicts a modest recession, characterized by competing effects of inflation and a strong labor market.  Duncan will deliver ...

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Lenders Prioritizing Cost-Cutting Measures

As inflation rises, more families and businesses are tightening their budgets and taking cost-cutting measures to create a little more breathing room—and according to the latest survey, this includes mortgage lenders.  Continuing a quarterly survey of mortgage executives that initially ...

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