Fannie Mae Predicts Recession In 2023

Straight from the lips of the good folks over at Fannie Mae
"...Recession Likely in 2023". Well, I think the most obvious
response to that statement would be "Welcome to the party pal!"
As seems to be true with most bad news, the headlines and folks
in charge always seem to be just a little behind the curve. Even
in this admission, Fannie Mae puts the absolute best possible
spin on the situation. But hey, we all love optimism... right?


Articles:


https://www.fanniemae.com/research-and-insights/forecast/housing-and-interest-rates-continue-suggest-recession-likely-2023


https://magazine.realtor/daily-news/2022/09/21/housing-starts-rebound-builders-aim-to-win-buyers-back


https://www.calculatedriskblog.com/2022/09/realtorcom-reports-weekly-active.html


https://www.cnbc.com/2022/09/21/mortgage-demand-rises-for-the-first-time-in-six-weeks.html


https://www.cnbc.com/2022/09/23/some-homebuyers-are-facing-payment-shock-ways-to-save-on-a-mortgage.html


https://www.calculatedriskblog.com/2022/09/monthly-mortgage-payments-up-record.html