Fannie Mae revises economic forecast downward for next two years

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The outlook for rate hikes next year looks a trifle fuzzy. fannie Mae says with the solid economic growth and inflation appearing to stay around the 2 percent level the Fed prefers, the predicted.

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S&P just downgraded the US debt outlook to negative. be the U.S.’s meaningful economic and fiscal risks and large external debtor position, we now believe that they might not fully offset the.

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The Fannie Mae Economic and Strategic Research group revised upward its full-year 2018 economic growth forecast to 3.0 percent – from 2.8 percent in the prior forecast – on expectations that third and fourth quarter inventory restocking will outweigh slowing consumer spending growth and a decline in net exports, according to its August 2018 Economic and Housing Outlook.

Fannie Mae has downgraded its economic forecast for 2019 and 2020. The mortgage finance company lowered its predictions for economic.

Fannie Mae has revised downward its forecast for first-quarter economic growth as well as home sales and purchase mortgage originations. Fannie’s February economic forecast includes a prediction of 1.7 percent annualized economic growth during the first quarter of 2019. That’s down 0.1 percent from its previous forecast.

The Fannie Mae Economic and Strategic Research Group again revised upward its full-year 2018 economic growth forecast to 3.0% – from 2.8% in the prior forecast – on expectations that third and.

WASHINGTON, June 17, 2019 /PRNewswire/ — The Fannie Mae (FNMA) Economic and Strategic Research (ESR) Group downgraded its projections for full-year 2019 and 2020 U.S. economic growth to 2.1.

According to the company’s Economic and Strategic Group, full year GDP growth is predicted to slow to 2.3% in 2019, which is down from 2018’s projected 3.1%. Fannie Mae attributes this. downside.

Fannie Mae revises economic forecast downward for next two years – Fannie Mae has revised its economic forecast downward. trade tensions are causing uncertainty for investors and driving mortgage rates downward. NEXT: Most expensive homes sold in Houston May 2019. Fannie Mae Surveys Market Sentiment – Fannie Mae reported that the net profit margin outlook for mortgage lenders was positive for the first time in almost three years, primarily due to strong demand expectations for both.

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