Fannie Mae downgraded its forecast for U.S. economic growth, citing a "ratcheting up of trade tensions," and said 2020 will see the worst economy in more than a decade. The mortgage giant revised its projection for GDP growth to 1.5% for next year, which would be the worst performance since a 2.5% contraction in 2009,

Fannie Mae is backing down slightly on its economic forecast for the remainder of 2018. The first quarter GDP growth of 2.3 percent was the slowest in a year, down from 2.9 percent a year earlier.

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Fannie Mae Receives Top Honors for Most Accurate Forecast. In 2016, Fannie Mae’s Economic & Strategic Research Group won the NABE Outlook award presented annually for the most accurate GDP and Treasury note yield forecasts.

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Fannie Mae downgraded its forecast for U.S. economic growth, citing a ratcheting up of trade tensions, and said 2020 will see the worst economy in more than a decade.

Fannie Mae revises economic forecast downward for next two years – Fannie Mae has revised its economic forecast downward. trade tensions are causing uncertainty for investors and driving mortgage rates downward. NEXT: Most expensive homes sold in Houston May 2019.

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The fannie mae economic and Strategic Research Group again revised upward its full-year 2018 economic growth forecast to 3.0% – from 2.8% in the prior forecast – on expectations that third and.

-Now Sees 30-Year Fixed Mortgage Rate Below 5% Through Q1 2012 By Yali N’Diaye WASHINGTON (MNI) – fannie mae monday revised down its estimates for both home prices and growth in the United.