1027 - The Housing Market’s Correction Isn’t Over And Could Create A “Mild” Recession—According To Fannie Mae by Sandy Yong
Aug 7, 2023
06:55
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According to a recent report by Fannie Mae, there are concerns about the housing market.
The U.S. housing market has experienced some ebbs and flows this year, but it’s undoubtedly been in correction mode. With elevated interest rates and tightening lending practices, Fannie Mae is forecasting a “modest” recession with a soft landing starting in the second half of 2023.
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