Fannie Mae News

Fannie Mae provides easy access to its Financial News, Corporate News, Statements, and Speeches. Below, select the year, month, and type of news that you would like to view. You may also add keywords.

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June 16, 2022 Elevated Inflation, Higher Interest Rates Expected to Take Toll on Consumer Spending The compounding effects of elevated inflation and higher interest rates are expected to further weigh on economic growth and home sales as the year progresses, with full-year 2022 growth now forecast at a slightly reduced 1.2 percent and expectations of a late-2023 modest economic contraction…
June 7, 2022 Would-Be Homebuyers Feeling Squeeze of Higher Home Prices and Mortgage Rates The Fannie Mae Home Purchase Sentiment Index® (HPSI) remained relatively flat in May, decreasing by only 0.3 points but inching nearer its 10-year- and pandemic-low of 63.0 from April 2020.
May 19, 2022 Rapidly Rising Rates and Persistent Inflation Further Soften Economic Outlook Persistent inflation, rising interest rates, and a slowdown of global economic growth are the primary contributing factors to updated expectations that full-year 2022 real GDP will grow at the reduced rate of 1.3 percent, 0.8 percentage points less than previously predicted, according to the May…
May 9, 2022 Consumer Sentiment Toward Housing Hits Lowest Level in Two Years The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased by 4.7 points to 68.5 in April, its lowest level since May 2020, as surveyed consumers expressed heightened concerns about housing affordability and rising mortgage rates.
April 19, 2022 Economic Growth Forecast Downgraded as ‘Soft Landing’ Appears Increasingly Unlikely The ESR Group’s latest forecast includes downgrades of 0.2 and 2.4 percentage points, respectively, to 2022 and 2023 real GDP growth, including an expectation of a period of modest contraction in the second half of 2023.
April 15, 2022 Fannie Mae Announces Publication of National Home Price Index Fannie Mae announced today the publication of the Fannie Mae Home Price Index (FNM-HPI), a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos.
April 7, 2022 Consumer Pessimism Regarding Direction of Mortgage Rates Hits New Survey High The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased by 2.1 points to 73.2 in March, as consumers continue to express pessimism regarding the trajectory of mortgage rates and homebuying conditions generally.
March 17, 2022 Inflation and Russia’s Invasion of Ukraine Expected to Take Toll on U.S. Economy and Housing Sector The Russian invasion of Ukraine, and its implications for the global economy, has added to growing inflation pressures and ongoing supply chain difficulties as monetary policy tightening begins, according to the March 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
March 10, 2022 Mortgage Lenders Remain Bearish on Profits Amid Rising Mortgage Rates, Declining Volume A majority of mortgage lenders continue to expect near-term profitability to decrease amid rising mortgage rates and declining refinance activity, according to Fannie Mae's Q1 2022 Mortgage Lender Sentiment Survey® (MLSS).
March 7, 2022 More Consumers Expect Mortgage Rates and Home Prices to Rise Even Further The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased by 3.5 points to 75.3 in February, but affordability constraints continue to drive consumers’ perception of the housing market.