Tag Archives: Economy

Mortgage rates and home sales are expected to rise in 2018 according to the latest economic and housing outlook by Fannie Mae. The report expects mortgage rates to rise 30 basis points to 4.4 percent by the end of 2018 ...

Optimism for the U.S. housing market stayed afloat in the fourth quarter. But there are signs that confidence is taking on water, especially when it comes to the economy.

Despite an uncertain political climate and lower-than-projected growth the first half of the year, the U.S. economy is still poised for strong growth by the close of 2017. Find out just how much growth in Fannie Mae’s latest report.

Fannie Mae experts are predicting a sluggish second half to 2017, see what factors they point to as the cause.

On Tuesday, Fannie Mae will release its May 2017 Economic and Housing Outlook report. The Outlook is a forecast of economic trends in the housing and mortgage-finance markets, analyzing current and historical data. The previous Outlook from April 2017 saw weak overall economic patterns, while housing activity stayed relatively strong, which Fannie Mae tied to warmer weather.

The Federal Open Market Committee opted to keep the federal funds rate as-is during its May meeting. The FOMC raised the rate in March from 0.75 to 1 percent. It was largely expected that the FOMC would raise rates at least two more times over the course of 2017.

Fannie Mae’s newest look at the economy over the next year-and-a-half is a positive, if not bullish one. The GSE sees housing as a major driver of the economy, but not at such a pace as to cause any bubbles. At the same time, potential political unrest domestically and internationally bring the enthusiasm down to a much quieter level.

Ted C. Jones, Chief Economist and SVP for Stewart Title Guaranty Company, spoke with DS News about current economic trends, rising interest rates, and how the construction of new homes is weighing on supply and home prices.

Eight years has made all the difference in several single-family housing markets that were affected most by the recession. Many of these markets now rank among the healthiest, one analysis reported.

Donald Trump shares that the home building business and housing industry taught him everything he knows and the NAHB 2016 Midyear Board of Directors Meeting , in Miami, Florida.