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 »Inflation, Interest Rates, and Military Conflict Weigh on Lenders
Continuing a quarterly survey of mortgage executives that initially started in 2014, Fannie Mae has published its latest Mortgage Lender Sentiment Survey for the first quarter of 2022 ...
Read More »Mortgage Lenders Remain Cautious on Profit Margins
A new survey finds mortgage lenders a bit more wary in their profit margin outlook, as purchase demand remains strong despite a reduction in refis.
Read More »Homebuyers Were Cautious About Purchasing Homes in December
Housing sentiment decreased slightly at the end of 2017 reflecting consumer caution on the back of tax reforms discussions in December according to Fannie Mae.
Read More »Consumers Feel That Now is a Good Time to Buy Real Estate
Consumer sentiment is up with Americans reporting that their household income is higher than it was 12 months ago, they expect home prices to go up, and they think mortgage rates will go down over the next year.
Read More »Amid Economic Concerns, Fewer Americans Are Optimistic About the Housing Market
The report found that consumer attitudes toward selling stumbled last month, despite a recent flurry of optimistic projections about the U.S. housing market in general. In the past week, the National Association of Home Builders reported that more than half of builders it surveyed see 55+ housing as a solid endeavor.
Read More »Fannie Mae Encourages New Mortgage Borrowers to Shop Around
In the latest Fannie Mae National Housing Survey, studying the mortgage shopping experience homebuyers navigate these days, the authors found that two-thirds of buyers‒‒particularly the young and those who’ve already bought homes‒‒obtain multiple mortgage quotes, though newbies to the process typically rely on friendly advice to find a suitable lender and terms.
Read More »Fannie Mae Releases 2015 Mortgage Lender Sentiment Survey
Compared to the first and fourth quarter of last year, results show more lenders expect mortgage demand and their profit margin to grow over the next three months. Of the senior mortgage executives surveyed, 69 percent said they felt the economy was on the right track.
Read More »Fannie Mae Releases February 2015 National Housing Survey
One area where Duncan said needs improvement in order for the prediction of the economy "dragging housing upward" to come true is in the area of wage gains. According to the BLS employment report released last week, the average hourly wage increased from January to February by only 3 cents up to $24.78 – after rising by 12 cents from December to January.
Read More »Americans’ Economic Confidence Grows, but Housing Doubts Persist
Out of a group of 1,000 Americans polled in Fannie Mae's December National Housing Survey, 41 percent said they now believe the economy is "on the right track," up from 36 percent in November, the company reported. In contrast to December's slightly more positive economic attitudes, consumer sentiment toward the housing market remained subdued for another month.
Read More »