Fannie Mae predicts home prices to rise in 2020. The coronavirus pandemic will be a big hurdle for the U.S. housing market. Actual data from the ground suggest that prices have started falling. Ominous signs have emerged in the U.S. housing market in the wake of the novel coronavirus pandemic. Demand has started crumbling, and the…
Fannie Mae’s monthly sentiment indicator approached record highs in December. The government-sponsored enterprise released a forecast last year calling for mortgage rates to plunge to five-decade lows in 2020. Mortgage rates continue to be the primary driver of the so-called housing recovery – a dangerous ingredient for an economy struggling with record debt and stagnant…
Fannie Mae’s home purchase sentiment index declined 2.7 points in October. Only 21% of Americans say now is a good time to buy a home. The U.S. housing market is on shaky ground as consumer sentiment begins to sour. America’s two-speed housing recovery is about to lose steam as more potential homebuyers say now is…
