Forecast & Outlook
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Outlook | December 20, 2023
Economic, Housing and Mortgage Market Outlook – December 2023 | Spotlight: Top 3 Trends in 2023
Bolstered by resilient consumer spending and investment, the U.S. economy expanded in 2023, defying expectations of a recession. More
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Outlook | November 21, 2023
Economic, Housing and Mortgage Market Outlook – November 2023 | Spotlight: Young Adults and Co-Borrowing
Economic growth remained strong in Q3, primarily due to solid consumer spending. We expect the economy to slow down as the full impact of higher interest rates is felt. More
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Outlook | October 20, 2023
Economic, Housing and Mortgage Market Outlook – October 2023 | Spotlight: Millennial Household Formation
The U.S. economy continues to grow at a pace closer to long-term trend as the labor market and consumer spending remain strong. More
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Outlook | September 21, 2023
Economic, Housing and Mortgage Market Outlook – September 2023 | Spotlight: Hispanic Homeownership Gap
While overall economic growth has been resilient, the labor market shows signs of cooling off, with job openings down and job growth softening. The labor market slowdown may help reduce inflationary pressures. More
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Outlook | August 17, 2023
Economic, Housing and Mortgage Market Outlook – August 2023 | Spotlight: Refinance Trends
U.S. economic growth remains on firm ground, with strong consumption spending and a tight labor market. Although housing market activity has slowed, a demand-supply imbalance is causing a rebound in home prices. More
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Outlook | July 24, 2023
Economic, Housing and Mortgage Market Outlook – July 2023 | Spotlight: Rate Lock-In Effect
The U.S. economy grew at its long-run average rate of 2% during the first quarter of 2023 and the labor market remains strong with an unemployment rate below 4%. The housing market has been impacted by high rates with millions of U.S. homeowners locked into previously low mortgage rates and content to remain in their current homes, helping to keep inventory low. More