Fannie alters 2021 forecast due to housing market shortage

May 19, 2021 |

A full month of sub-3% mortgage rates, ongoing housing market supply constraints, and a 300% increase in lumber prices over the past 15 months has prompted Fannie Mae‘s Economic and Strategic Group to revise several of its 2021 forecasts. March’s existing home sales report perfectly illustrated the country’s core housing market issues – a decade […more]

Posted in: San Francisco

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