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Economic Forecast: Interest Rates, Inflation & Housing | Doug Duncan
Where are the economy, interest rates, and housing headed from here? Kathy Fettke sits down with longtime housing economist and former Fannie Mae Chief Economist Doug Duncan for his latest outlook.
Doug breaks down what's keeping interest rates elevated, why inflation remains stubborn, and what today's job market is telling us about the strength of the economy. He also explains why the housing market remains unusually slow, what needs to happen for affordability to improve, and why mortgage rates may not come down significantly anytime soon.
Plus, they discuss AI and its potential impact on…
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