The Fannie Mae Home Purchase Sentiment Index revealed consumers' optimism surrounding mortgage rates surged in December, and according to Mark Palim, VP and Deputy Chief Economist at Fannie Mae, "a more optimistic rate outlook among consumers may signal an expectation that home affordability pressures will ease in 2024."
Read More »Consumers Express Increasing Housing Market Frustrations
New findings from Fannie Mae’s HSPI revealed consumers are increasingly expressing “pessimism toward the larger economy this month, in addition to their ongoing frustration with the housing market,” said Doug Duncan, Fannie Mae Senior VP and Chief Economist.
Read More »Monthly Home Prices Drop in October
“Following the recent mortgage rate surge above 7%, real estate activity and consumer sentiment regarding the housing market took a nosedive,” said Selma Hepp, Interim Lead of the Office of the Chief Economist at CoreLogic.
Read More »Homebuyer Confidence Continues to Dwindle
The majority of respondents to Fannie Mae’s latest survey reported that they believe now is a bad time to buy a home, setting a new record in the process.
Read More »Refi Apps Fall as Rates Continue to Rise
As rates continue to edge higher, both purchase and refi activity slowed this week with the average loan hitting a record high of $446,000.
Read More »How Mortgage Rates are Driving Homebuyers
Here’s how a favorable mortgage rate environment is affecting latest housing sentiment according to the latest Fannie Mae data.
Read More »Will Low Rates Drive Home Sales?
With mortgage rates falling to their lowest in three years, experts give insights into how a continued low-rate environment would impact the housing market.
Read More »Consumer Sentiment Rebounds
Fannie Mae’s newest Home Purchase Sentiment Index report shows overall consumer confidence back to where it was in February. More people are bullish on buying and more feel safer in their jobs. And more than ever, survey respondents feel better about getting a mortgage today.
Read More »Confidence in Housing Surges
According to a recent index released by Fannie Mae, optimism in the housing market has hit its highest point in five months. Employment gains, mortgage rates, and home prices will determine whether this surge in confidence will continue.
Read More »Consumer Sentiment Wraps 2015 on Positive Note
The year of 2015 was a year of prosperity and growth for the housing market, and in turn, consumers displayed their confidence with positive feelings toward their income, job security, and overall economic outlook.
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