Maintaining Momentum: 2018 and Beyond
MCLEAN, VA--(Marketwired - Jan 18, 2018) - Freddie Mac (
Quote: Attributed to Len Kiefer, Deputy Chief Economist, Freddie Mac.
"Starting off the year, things are looking pretty good for the U.S. economy and housing markets. Mortgage rates are low, economic growth has accelerated in recent quarters, and housing is coming off its best year in a decade. Although housing markets have been improving year-after-year for nearly a decade, there's still room for improvement. We forecast moderating growth in U.S. housing market activity through the next two years.
"However, there are factors worth keeping an eye on in 2018, namely, is another recession on the horizon, how will housing markets respond to declining housing affordability and how will young adults move the housing market―more are living at home with their parents today than in 2000."
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.