Tag Archives: Fannie Mae’s Economic and Strategic Research (ESR) Group

Fannie Mae’s Economic & Strategic Research Group now forecasts recessionary conditions taking a hold of the market during Q1 2023, even after forecasting better fourth-quarter numbers due to strong GDP and personal consumption figures.

Mortgage applications rose for the first time in seven weeks as rates trended downward and potential refi candidates jumped in and took advantage of record-low rates.

A new survey finds that mortgage apps dropped slightly over the past week, as the rise in rates are turning away would-be refis.