NATO

By KIMBERLEY HAAS Russia’s invasion of Ukraine and its implications for the global economy have some experts saying the housing market in the United States will be impacted because of growing inflation pressures and supply chain difficulties. The Fannie Mae Economic and Strategic Research Group now projects full-year 2022 real gross domestic product growth of 2.3%, down from last month’s projection of 2.8%. They have also increased their 30-year fixed mortgage rate forecast to 3.8% in 2022 and 3.9% in 2023. Russia invaded Ukraine on February 24. Just before the war began, inflation hit a 40-year high and the Federal Reserve was poised to begin a course of significant money tightening. According to the ESR Group, the task of enacting…