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Mortgage rates will fall below 6% in 2024 and the U.S. economy will avoid a recession, Fannie Mae says

Por: MarketWatch Politics January 28, 2024

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Even though Fannie Mae expects U.S. economic growth to slow this year, it has abandoned its guidance for a modest recession and replaced it with a forecast of “positive but below-trend growth” in 2024.   The reasons for this revision include signaling from the Federal Reserve that were on the table for 2024, and an .  “Inflation’s decline and the resultant Fed pivot to signaling future rate cuts lead us to believe that home sales and... + full article



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