Fannie Mae Sees Easier Terms Sustaining Home Sales

More jobs and easier loan terms will boost demand for new mortgages in the second half of this year as homebuyers shrug off higher interest rates, according to a Fannie Mae forecast issued today. Lending for mortgages to purchase homes will increase 21 percent for the final six months of 2013 to $341 billion from $282 billion in the first half, according to an advance copy of the forecast obtained by Bloomberg News.

via Fannie Mae Sees Easier Terms Sustaining Home Sales: Mortgages – Businessweek.

Fannie Mae Posts $10 Billion Profit In Second Quarter (npr.org)
Fannie Mae Shareholders Sue U.S. Treasury (valuewalk.com)

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Fannie Mae Sees Easier Terms Sustaining Home Sales

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