BrokerageIndustry News

VIDEO: Interview with Fannie Mae chief economist Doug Duncan

Expect higher interest rates in 2012
Published on Jan 5, 2012

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by CareyBot

The housing market is in a holding pattern, said Doug Duncan, vice president and chief economist at Fannie Mae, in an interview with Inman News at last year's San Francisco Real Estate Connect.

"There's no doubt that mortgage underwriting standards and credit conditions have tightened significantly since the days before the house-price bubble," noted Duncan. Although, he said, tightening has ceased.

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