“When remote work is coupled with the reported rise in the importance of affordability, it's not surprising that respondents expressed a greater willingness to live farther from their current location,” noted a Fannie Mae report. “Of course, renters indicated the greatest affordability concerns, as well as a willingness to consider areas farther away from their current location.”
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One-Third of Borrowers Accept First Mortgage Offer
Some 30% of borrowers do not rate shop when applying for a mortgage. Click through to see what that means.
Read More »Housing Affordability and Availability Remain Top of Mind
One thousand people took part in Fannie Mae’s third quarter 2021 National Housing Survey and reported back that affordability and remote work are still very much important to members ...
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 »Homebuyer Pessimism on the Rise
Supply and demand issues continue to worry prospective homebuyers, as an unhealthy imbalance persists in the housing marketplace.
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