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- SAN FRANCISCO (MarketWatch) -- Freddie Mac said Monday it had raised its projections for mortgage rates and lowered its forecast for a rebound in home building and sales. The mortgage finance giant that's now owned by the U.S. government said it sees rates on 30-year fixed-rate mortgages holding at 6.2% for the next five quarters. In its October outlook, it had forecast rates would hold at 5.9% ...
www.marketwatch.com
- The Philadelphia Federal Reserve Bank today released its Survey of Professional Forecasters for the fourth quarter of 2008. As part of this survey, the Philly Fed creates the Anxious Index. The Anxious Index is the forecasters' probability of a ...
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