Fannie Mae Slashes Projections for 2014, 2015

August 28, 2014

Earlier this month mortgage-finance giant Fannie Mae chopped off numbers for the housing markets projections this year and next.
 
The government-sponsored enterprise reasons that too much momentum was lost during the first half of the year due to rising mortgage rates, bad winter weather and consumer “conservatism, MarketWatch reports.
 
Charts and graphs and more information on the outlook can be found at MarketWatch.

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