Freddie Mac forecast: Single-family market will remain solid as rates rise

Industry News MCLEAN, Va. — Freddie Mac has predicted that the single-family purchase housing market will remain solid in 2022 despite increases in mortgage rates. A new Quarterly Forecast released by the company’s chief economist estimates that rising rates will lead to moderation in homebuyer demand and house price appreciation. But overall, the housing market will…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

US stocks continue sell-off as traders brace for more Fed rate hikes later this week
As 30-year mortgage rates hit 6.7%, homebuyers are facing ‘payment shock.’ Here are ways to save
Alberta government unveils how it plans to divest social housing properties
In July, average export price for Swedish lumber decreases 15%
Seattle’s Housing Market Is Leading the Slump