Higher mortgage rates are now “housing market’s primary constraint,” economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5 percent this year.
Source: Inman News
Fannie Mae downgrades home sales expectations for 2022 and 2023
Published in doug duncan, existing-home sales, fannie mae, federal reserve, home sales, Markets & Economy, Mortgage, Mortgage & Alternative Financing Month, mortgage rates, new home sales, Select, Theme Months and theme-month-202206
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