Tag Archives: Home Purchase Sentiment Index

“Mortgage rates once again breached the 7% mark in August, hitting a 22-year high and doing no favors for consumer sentiment,” said Doug Duncan, Fannie Mae SVP and Chief Economist.

According to Fannie Mae's Home Purchase Index, the percentage of Americans that believe now is a good time to buy a home decreased alongside those who expect mortgage rates to go down in the next year. Meanwhile, the percentage who say it is a bad time to buy increased to 75%.

With a 6.6% monthly drop-off, sales of new single‐family homes fell in June, as builders continued to feel the squeeze of an uptick in labor and material costs.

Continually falling mortgage rates are helping consumers remain positive, but there was no change in housing income expectations.

Fannie Mae’s latest Home Purchase sentiment index revealed that while low mortgage rates buoyed consumer interest, these factors continue to hang over American homebuyers.

The U.S. housing market may be starting to get volatile. Fannie Mae's latest Home Purchase Sentiment Index report found that consumer confidence in housing took a hit in February. The worry ...

Consumer confidence is down in the latest Fannie Mae Home Purchase Sentiment Index (HPSI) report, with the end of the summer buying season bringing about a repeat of ...

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.

Homebuyer sentiment has taken a tumble since peaking in July. Why are would-be homebuyers less confident now than they were in the summer?

Consumer housing sentiment continued a gradual year-over-year upward trend in August, which bodes well for the continued growth of housing in the United States, according to the latest survey data from Fannie Mae.