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Fannie Forecast Improves, Tax Bill Seen as Double-Edged Sword

(Mortgage News Daily) - 11 months, 4 weeks ago
 Posted To: MND NewsWireDespite the disruptions from several hurricanes and an expected drag from trade in the fourth quarter, Fannie Mae says it expects 2017 to finish with higher growth than its own economists predicted, even last month. The company's forecast for economic growth this year, contained in its December Economic Developments report, was bumped up by one-tenth point from the previous quarter to 2.5 percent due to an upgraded third quarter GDP estimate, up 0.2 point to 3.3 perce...
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