Driving the revised forecast are expectations for slightly cooler economic growth and hotter inflation, which could mean mortgage rates come down a little more slowly.
Source: Inman News
Fannie Mae dials back sales expectations by 220K homes
Published in consumer price index, economic growth, economy, fannie mae, federal funds rate, federal reserve, gdp growth, gross domestic product, home sales, Home Sales Forecast, housing affordability, housing market, housing starts, inflation, Markets & Economy, mba, Mortgage, mortgage bankers association, mortgage rates, mortgage-backed securities, nahb, national association of home builders, Oliver Allen, Pantheon Macroeconomics, Robert Dietz, Select, single family housing starts, Single-family Home Construction and single-family homes
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