Fannie Mae Downgrades Outlook for 2014/2015

Tweet this!Fannie Mae economists downgraded its outlook today for 2014/2015, saying that too much momentum was lost during the first six months of the year. Rising mortgage rates, bad winter weather and consumer “conservatism” are all hitting the housing market, said Doug Duncan, Fannie’s chief economist. “With respect to housing’s contribution to growth this year, […]

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