Fannie Mae News

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April 21, 2023 Economy Resumes Gradual Slowdown Following Bank Turmoil Due primarily to an upward revision in recent consumer spending data, Fannie Mae’s Economic and Strategic Research (ESR) Group now forecasts stronger first quarter GDP growth but maintains its belief that economic momentum is running out of steam, according to the ESR Group’s latest monthly…
April 21, 2023 The Gradual Slowdown Continues. Will Bank Turmoil Generate Tighter Credit? The full economic effects of March’s banking turmoil have yet to be seen. The immediate, acute event appears to have passed without further escalation, but future risks remain.
April 21, 2023 Existing Home Sales Decline Modestly in March, while Single-Family Starts Rise Economic and Housing Weekly Note - April 21, 2023
April 18, 2023 Home Prices Grew 4.7 Percent Year over Year in First Quarter Single-family home prices increased at a non-seasonally adjusted annual rate of 4.7 percent from Q1 2022 to Q1 2023, according to Fannie Mae's latest Home Price Index (FNM-HPI) reading.
April 14, 2023 Inflation Cools as Economic Activity Slows at the End of Q1 Economic and Housing Weekly Note - April 14, 2023
April 7, 2023 Consumer Confidence in Housing Market Remains Near Historic Lows The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 3.3 points in March to 61.3, but it remains only slightly above its all-time low set late last year.
April 7, 2023 Consumer Confidence in Housing Market Remains Near Historic Lows The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 3.3 points in March to 61.3, but it remains only slightly above its all-time low set late last year.
March 24, 2023 Banking Turmoil May Precede Long-Awaited Recession Uncertainty regarding our latest macroeconomic forecast, which we finalized on March 13, has risen in the wake of the recent turbulence in the banking sector, following the failures of Silicon Valley Bank and Signature Bank, as well as troubles with Credit Suisse.
March 17, 2023 Data Show Strong Consumer Spending and Inflationary Pressures Persisting Economic and Housing Weekly Note - March 17, 2023
March 10, 2023 Labor Market Strength Continues as Additional Data Suggests 2023 Started on a Stronger Footing than Previously Expected Economic and Housing Weekly Note - March 10, 2023