Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022.
Fannie Mae dropped its projected origination volume for 2021 to $4.33 trillion from the $4.36 trillion it projected in August. It also downsized its 2022 mortgage origination volume forecast by $55 billion to $3.25 trillion.
Fannie’s predictions this year have been in a constant state of fluctuation, with August results projecting a 6.3% GDP growth rate for 2021, while July had a 7.0% growth projection. Meanwhile, at the details ⇒
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