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Fannie Mae Projects Mortgage Rates Will Remain Near 7% Through 2024
The latest research from the Fannie Mae Economic and Strategic Research (ESR) Group suggests that earlier projections for lower mortgage rates in late 2024 will not pan out. The ESR Group forecasts overall economic growth to slow and mortgage rates to end the year near 7%. Should mortgage rates remain elevated, the latest data suggested…
The post Fannie Mae Projects Mortgage Rates Will Remain Near 7% Through 2024 appeared first on RISMedia.
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