READ MORE

Housing sentiment was largely unchanged in August as consumers remained cautious despite some improvements in mortgage rates and home listings.  Fannie Mae’s Home Purchase Sentiment Index (HPSI) showed a modest rise of 0.6 points to 72.1, but overall homebuying sentiment saw little change. A notable 39% of consumers surveyed said they expect mortgage rates to decline […]

Fannie Mae offers housing outlook as buyers await better deals as optimism about mortgage rates wasn’t enough to get homebuyers off the sidelines

Market Update