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Future of the Housing IndustryHomebuyer demand for mortgage credit will likely grow by $6 trillion by 2010. And $2 trillion of that will be needed to finance first-time homebuyers. Growth in U.S. bank deposits alone can't begin to meet those credit needs.
In the next 10 years, minorities will account for two-thirds of household growth and immigrants will comprise 27% of household growth.
No one can say for certain what other needs tomorrow will bring, yet one thing we do know: Freddie Mac stands ready to meet the needs of tomorrow's homebuyers. Our future is strong. Freddie Mac will remain rock solid through the ups and
downs of our nation's economy.
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