Tag Archives: GDP Growth

“Overall credit performance remains solid for higher credit quality borrowers, but that is in an economy with unemployment rates below 4%,” Freddie Mac said in their report.

Fannie Mae’s Economic and Strategic Research Group has found that due to inflation, monetary policy tightening by the Federal reserve, and a slowing market will tip the economy into a “modest recession” during the first quarter of 2023.

In its latest forecast, the GSE predicts a short-term tightening of the Federal Reserve’s policies and an interest rate hike in late 2022.

New estimates show the economy continues to recover from the government shutdown earlier this year with another boost in the GDP. Here’s what this could mean for the housing market.

A new report from Fannie Mae's Economic and Strategic Research Group projects a diminished economic outlook going forward, but what's causing the changes and what does Fannie foresee on the road ahead?

Post-crisis, economic growth in the first quarter has generally been weak, and so far 2016 has been no exception. What will the third and final GDP estimate hold for the the U.S. economy? The industry will find out on Tuesday, June 28.

The outlook for the annual growth rate of the U.S. gross domestic product (GDP) for the next two years looks somewhat softer compared to what it was three months ago, according to a survey of 45 forecasters conducted by the Philadelphia Fed.

Ask the Economist is an ongoing series in which DS News talks with an economist about the most pressing issues facing the nation's housing industry and the economy. This installment features Curt Long, Chief Economist with the National Association of Federal Credit Unions (NAFCU).

Despite economic growth taking a step backward, the forecast for housing for the rest of the year remains positive, according to Fannie Mae SVP and chief economist Doug Duncan. New home sales increased by 6.8 percent in April up to 517,000 annualized units; the National Association of Realtors' Pending Home Sales Index has risen by 14 percent in the last 12 months; existing home sales are at a nine-year high; and purchase applications recovered at the end of May from a slow first half of the month up near a two-year high.