Tag Archives: ESR

While the “if” and “when” of a recession remain uncertain, the Fannie Mae Economic and Strategic Research Group does forecast one to occur, expected to begin in the first half of 2024—despite increased chances of a “soft landing.”

According to Fannie Mae's Economic and Strategic Research Group expectations for Q1, the increase in the sales pace from the end of 2022 to the beginning of 2023 revealed that homebuying demand remains buoyant and was unexpectedly responsive to small declines in mortgage rates.

“Inflation has now been joined by financial stability concerns as threats to sustained growth,” said Doug Duncan, SVP and Chief Economist for Fannie Mae.

"In our view, the balance still suggests a modest recession, particularly if the Federal Reserve maintains its focus on labor market tightness,” said Doug Duncan, SVP and Chief Economist for Fannie Mae.

Over the last few weeks, markets have increasingly—and perhaps reluctantly—reflected the resolve of the Fed to lower inflation via rapid tightening of monetary policy," said Doug Duncan, Fannie Mae SVP and Chief Economist.

According to new research from Fannie Mae’s Economic and Strategic Research Group (ESR), the housing market is expected to further cool as mortgage rates continue to rise and ...

The research arm of Fannie Mae has moved its recession prediction from the second to the first quarter of 2023. Here are insights from Chief Economist Doug Duncan.

“Tightening financial conditions are slowing economic activity, and consumers are drawing down savings and increasingly relying on credit cards as they seek to maintain current levels of consumption,” said Fannie Mae Chief Economist Doug Duncan.

After lagging for most of the first part of the year, Fannie Mae and Freddie Mac have projected a likely increase in home sales this spring. Here’s why.

The 2018 full-year forecast for the economy was upgraded by Fannie Mae’s Economic and Strategic Group. Here’s how housing fared in the forecast.