Freddie Mac: Housing still on track for best year in a decade

By Kelsey Ramírez | HousingWire

Despite the slowdowns this year, 2017 is still on track to be the best year for housing in a decade, according to Freddie Mac’s November 2017 Outlook.

Freddie Mac explained this year’s modest economic growth, robust jobs gains and low interest rates made the environment more favorable for mortgages. But despite these factors, the housing market began to stall in the summer and fall this year due to a lack of affordable homes for sale.

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