Consumers Optimistic About Mortgage Rates, Yet Pessimistic About Home Buying

Reported about 1 month ago

A recent Fannie Mae survey indicates that while 39% of consumers expect mortgage rates to decrease within the next year, only 17% believe it’s a good time to buy a home. The Home Purchase Sentiment Index saw a slight increase, driven by anticipated improvements in affordability, although overall consumer sentiment regarding home buying conditions remains largely unchanged.

Source: YAHOO

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