The index is still near its historical low.
The post Fannie Mae Home Purchase Sentiment Index Inches Up Slightly appeared first on Weekly Real Estate News.
Fannie Mae Home Purchase Sentiment Index Inches Up Slightly
Housing
Higher mortgage rates will complicate housing affordability in 2024: Fannie Mae
Soaring interest rates and a higher-for-longer policy will take its toll on the economy, according to Fannie Mae’s Economic and Strategic Research (ESR) group. “The cause of the recent run-up in long-term rates is multifactorial […]
Housing Wire
Fannie Mae economists offer housing market outlook, potential timeline for interest rate cuts
After nearly three years of doom and gloom in the mortgage industry, housing experts — including Fannie Mae economists — are expecting interest rates to ease. While Fannie Mae expects mortgage rates to drop […]
Housing
Why is Fannie Mae optimistic about a housing market recovery?
The year 2024 has started with cautious optimism that mortgage rates will drop, sparking much-needed activity in the sluggish U.S. housing market. Mortgage rates, however, have been on a rising trend of late. Recent […]