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Tag Archives: HPSI

Consumers Reveal Their 2024 Mortgage Rate Expectations

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."

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Housing Market Confidence Remained Flat in June

“Confidence in the housing market appears to have plateaued at a relatively low level, suggesting that many consumers may be coming to terms with elevated mortgage rates and high home prices,” said Doug Duncan, Fannie Mae SVP and Chief Economist.

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