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We will give only a passing nod to Freddie Mac's Economic and Housing Market Outlook for May as much of it deals with the Quarter 1 report on cash-out refinancing which we already covered in detail here on Tuesday. However, a few things are worth noting. First of all, as regards the cash-out data, the...
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Will the economy return the favor? The April 2007 Economic Outlook issued by Freddie Mac credits the housing market with pulling the overall economy through the recession in 2001 and restoring it to a vigorous pace of growth over the following years. Now, with the housing sector floundering, can the...