Housing Forecasts: When Cooling Isn’t so Cool.

BY JANN SWANSON

With both interest rates and home prices rising it is nearly impossible to find a housing forecast that doesn’t include the word “cooling.” The November outlook from Freddie Mac is no exception. The company’s Economic and Housing Group, in fact, applies that word to the entire issue of economic growth, noting the waning effects of fiscal stimulus and ongoing Federal Reserve tightening of monetary policy. Housing is just the icing, as it were, on the topic.

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