Tag Archives: Economist

Fannie Mae economist on the probability of a recession

Duncan explained that the Fed’s rate hike would likely push mortgage rates to around 5%. Consequently, refinances will continue to decline, and the pace of home sales will slow down. However, Duncan expects the upward trend in house prices to continue, becoming more of a constraint to higher interest rates. “Unquestionably, the probability of recession […]

Economist explains implications of Fed’s inflation tactics

Moreover, it will become more expensive for corporations to borrow, and for the federal government and state and local governments to pay interest on their debt, she added. “The concerns of these borrowers, who are favored in an artificially low interest environment, as is the case now, need to be weighed against those of everyone […]