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Published 3 months ago

Housing Activity Expected to Pick Up in 2024 as Rates Move Lower - Federal National Mortgage (OTC:FNMA)

Summary by Benzinga
Economic Growth Still Predicted to Soften as the Labor Market Shows Signs of Cooling WASHINGTON, Feb. 23, 2024 /PRNewswire/ -- Existing home sales and new single-family housing starts are expected to grow modestly in 2024 amid lower mortgage rates and slowly strengthening homebuyer sentiment, according to the February 2024 commentary from the Fannie Mae (OTCQB:FNMA) Economic and Strategic Research (ESR) Group. While housing affordability is stil…

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Housing Activity Expected to Pick Up in 2024 as Rates Move Lower - Federal National Mortgage (OTC:FNMA)

Economic Growth Still Predicted to Soften as the Labor Market Shows Signs of Cooling WASHINGTON, Feb. 23, 2024 /PRNewswire/ -- Existing home sales and new single-family housing starts are expected to grow modestly in 2024 amid lower mortgage rates and slowly strengthening homebuyer sentiment, according to the February 2024 commentary from the Fannie Mae (OTCQB:FNMA) Economic and Strategic Research (ESR) Group. While housing affordability is stil…

3 months ago·New York, United States
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