Friday, February 16, 2018

Homebuilding Surges; Rates Catch a Break; Fannie Mae: So Now Things are Moving Too Fast?

Some people are never happy . For most of the ten years following the start of the Great Recession the experts have focused (can we say harped?) on the theme of a slow recovery. Now, after a couple of upticks in the inflation rate, Fannie Mae has headlined its February Economic Developments release "Strong Economic Activity Triggers Overheating Concerns." The company's Economic and Strategic Research Team say economic activity gathered momentum over the last few months and "markets are beginning to appreciate the broader implications of the stronger growth. That realization, along with a change in the direction of monetary policy has introduced some volatility into the economic equation. There were finally some signs that wages were increasing which pushed inflation measures such as 10-year

from
http://www.mortgagenewsdaily.com/reports/newsletter/2018/2/16/3231

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