"Mortgage rate optimism increased dramatically this month, with a survey-high share of consumers anticipating mortgage rate declines over the next year," said Mark Palim, VP and Deputy Chief Economist at Fannie Mae.
Read More »SFR Growth Expands in Q3 Amid Housing Market Uncertainty
While rent prices remain historically high despite a slight increase in year-over-year price growth, Single-Family Rental inventory surged in Q3 compared to the previous year, according to a new study from HouseCanary. Here are the details.
Read More »Fannie Mae: Inflation to Blame for Weakening Homebuyer Sentiment?
With rising inflation intensifying U.S. housing costs, Fannie Mae's Home Purchase Sentiment Index showed a record number of consumers believe it’s a bad time to buy a home, further hampering those looking to achieve the American dream.
Read More »Fannie Mae Updates on Perceived Homebuying Sentiment
Fannie Mae’s Home Purchase Sentiment Index revealed that home-selling and homebuying sentiments are up year-over-year, a welcome sign that raised the index as a whole by 4.9 points.
Read More »Affordability Concerns Lower Consumer Confidence
The latest iteration of Fannie Mae’s Home Purchase Sentiment Index (HPSI) for April decreased by 4.7 points to 68.5, its lowest level since May 2020, as rising mortgage rates and inflation pushed buyers to question affordability. All six of the index’s components ...
Read More »Consumers Growing Pessimistic on Home Purchases
Four of the six components of Fannie Mae’s latest Home Purchase Sentiment Index fell due to growing concern about the direction of mortgage rates.
Read More »Remodeling Survey Shines Light on Homeowner Sentiment
Discovering why homeowners choose to remodel can reveal unexpected insights into attitudes and expectations about the current housing market. According to the latest Remodeling Market Index (RMI), released quarterly by the National Association of Home Builders, the number of homeowners ...
Read More »The Week Ahead: Catching Up With the Fed
This week the Fed will release its May Consumer Credit Report and most recent Balance Sheet. Last month the Fed found that consumer credit increased at a seasonally adjusted rate of 3-1/4 percent. Take a look at what else is happening in The Week Ahead.
Read More »The Week Ahead: What’s on the Horizon for Existing Home Sales?
On Wednesday, the National Association of Realtors will release its latest data on existing home sales. Read on to learn more and find out what else is in store in The Week Ahead.
Read More »Consumer Sentiment Ends 2015 at an All-Time High
The year 2015 was a year of prosperity and growth for the housing market, prompting more positive consumer sentiment toward housing and the overall economy.
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