Fannie Mae’s Economic and Strategic Research Group upgraded its full-year 2021 real GDP growth from January’s projections based on factors, such as growth in consumer spending over the winter and increased likelihood of a fiscal stimulus package but still cautioned that rising inflation and interest rates could be a risk in the near future.
Source: Inman News
Fannie Mae: Economy will expand nearly 7% in 2021
Published in chief economist Doug Duncan, COVID-19, COVID-19 pandemic, Data, doug duncan, fannie mae, fannie mae forecast, gdp growth, homebuying, inflation, Markets & Economy, mortgage interest rates, stimulus package, the federal reserve, treasury rate, U.S. economy and vaccine
More from COVID-19More posts in COVID-19 »
More from COVID-19 pandemicMore posts in COVID-19 pandemic »
- How homeowners, not builders, are driving Denver’s inventory boom
- Foreclosures were up 9% year over year in May: ATTOM
- US inventory exceeds 1M homes for first time in 6 years
- What aspect of real estate has changed most in the past 5 years?
- Opendoor, Fathom stocks flirt with $1 threshold — and with disaster
More from DataMore posts in Data »
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- October brought the strongest buyer’s market in 12 years: Redfin
- The inventory surge is sputtering. See how your market stacks up
- New client leads, murky waters: October’s mixed bag for real estate
- What Zillow’s marketing genius can teach you about social media
More from doug duncanMore posts in doug duncan »
More from fannie maeMore posts in fannie mae »
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
- Rising unemployment revives prospects for December rate cut
More from fannie mae forecastMore posts in fannie mae forecast »
More from gdp growthMore posts in gdp growth »
More from homebuyingMore posts in homebuying »
More from inflationMore posts in inflation »
- Homebuyers came out in force last week, and rates are trending down
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Rising unemployment revives prospects for December rate cut
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Rebounding mortgage rates dampen homebuyers’ appetites
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from mortgage interest ratesMore posts in mortgage interest rates »
More from stimulus packageMore posts in stimulus package »
More from the federal reserveMore posts in the federal reserve »
- ‘Real estate is the sacrificial lamb of high interest rates’: Jason Oppenheim rants on the Fed
- Why is the Fed cutting interest rates — and what happens next?
- Glenn Kelman: It’s ‘game on’ for the 2025 housing market
- Realtor.com’s Danielle Hale talks an ‘even bigger’ 2025 as rates drop
- 2 buyers scramble to make a deal as the spring market sprints ahead
More from treasury rateMore posts in treasury rate »
- Making sense of the headlines: What consumer confidence looks like today
- Making sense of the headlines: How has COVID-19 impacted housing supply?
- Making sense of the headlines: What’s holding millennials back from homeownership?
- Making sense of the headlines: A look at housing affordability
- Making sense of the headlines: What is high-frequency data?
More from U.S. economyMore posts in U.S. economy »
More from vaccineMore posts in vaccine »
- Masks, politics and our great divide: Why we need to change course now
- NAR President to Realtors: Wear masks, social distance
- Where travelers are planning their getaways this ‘hot vax summer’
- Manhattan condo board gives vaccine ultimatum to 2 workers
- The New Normal: What if real estate agents never go back to the office?
Be First to Comment