Fannie says modest housing recovery will continue

moderate recoveryBy Jann Swanson | Mortgage News Daily

The theme for the economy and the housing market’s in 2014 has been set for months; the economy will continue to slowly strengthen; the modest recovery in housing will be sustained. Each monthly or quarterly report or round of economic analysis seems to merely join the chorus. Fannie Mae’s most recent entry on Wednesday merely added a new note. Growth is expected to strengthen during the second half, but not enough to save the year.

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