WebDec 19, 2024 · We expect purchase volumes to fall 20% to $1.33 trillion in 2024, corresponding to declining home sales, before rebounding to $1.53 trillion in 2024 as the housing market recovers. For single-family refinance originations, we now expect $686 billion in 2024 and $366 billion in 2024, both small downgrades from the prior forecast. WebDec 20, 2024 · And what’s more, 2024 is poised to be a very good year for the housing market, according to the December 2024 Economic and Housing Outlook released yesterday by Fannie Mae. The government-backed mortgage lender increased its 2024 economic growth forecast to 2.5 percent due to better than expected gross domestic …
Banking Turmoil May Precede Long-Awaited Recession Fannie Mae
WebNote: All mortgage originations data are Fannie Mae estimates as there is no universal source for market-wide originations data. Note: Unshaded areas denote actuals. Shaded areas denote forecasts. Sources: Actuals: Census Bureau, National Association of REALTORS®, Federal Housing Finance Agency, Freddie Mac, Federal Reserve Board. WebFeb 14, 2024 · While providing this support, we reported net income of $12.9 billion in 2024, with $1.4 billion attributable to the fourth quarter. This increased our net worth to $60.3 billion. Improving Access to Equitable and Sustainable Housing. Now, let me take a step back and highlight some of what we accomplished last year. jollibee type of business
Fannie Mae sees dark days ahead for the housing market
WebOct 12, 2024 · Additionally, we have revised downward our forecast for home prices as measured by the Fannie Mae Home Price Index. We now anticipate 2024-year end home prices to rise 9.0 percent, down from a previous forecast of 16.0 percent. For 2024, we project home price declines of 1.5 percent, down from our prior forecast of home price … WebAug 22, 2024 · Weak Growth Continues as Housing Slows. August 22, 2024. We project 2024 real gross domestic product (GDP) to be flat at 0.0 percent growth on a Q4/Q4 basis. The latest GDP reading showed an expected decline in Q2, but recent data point to a return to modest growth in Q3. We continue to view the economy as generally stagnating in … WebJul 21, 2024 · Note: The Fannie Mae HPI forecast is updated on the first month of every quarter. Note: Unshaded areas denote actuals. Shaded areas denote forecasts. Sources: Actuals: Census Bureau, National Association of REALTORS®, Freddie Mac, Federal Reserve Board. Forecasts: Fannie Mae Economic & Strategic Research ... July 2024 … jollibee toronto locations