The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 4.1 points in October to 56.7, its eighth consecutive monthly decline and lowest reading since
Tag: inflation
Home sellers strongest in South
The housing market has changed considerably in recent months as higher mortgage rates, rising inflation and economic uncertainty have sidelined many buyers. At the
Credit bureaus offer free reports
The three nationwide credit reporting agencies – Equifax, Experian and TransUnion – are taking joint action to continue offering free weekly credit reports to
Senior Home Equity blows past $11 trillion
Homeowners 62 and older saw their housing wealth grow by 4.91 percent or $520 billion in the first quarter to a record $11.12 trillion from Q4 2021, according
Americans adjust to inflation — survey
While the impact of inflation on Americans’ budgets has been widely covered this year, a new survey conducted by HomeServe dug into the specifics
‘Consumer Demand Plummeting’
Fetch Rewards, America’s No. 1 consumer-rewards app, today released its June Fetch Price Index report, which shows consumer demand declining for the second consecutive month amid
Home buying frenzy cools
As rising inflation and mortgage rates bring U.S. housing demand back from the 2021 frenzy, Realtor.com®’s newly-updated 2022 forecast predicts inventory will grow double-digits
Consumers glum on home buying
The Fannie Mae Home Purchase Sentiment Index® (HPSI) remained relatively flat in May, decreasing by only 0.3 points but inching nearer its 10-year- and pandemic-low of 63.0
Soaring rates, prices slow growth
Persistent inflation, rising interest rates, and a slowdown of global economic growth are the primary contributing factors to updated expectations that full-year 2022 real
‘Housing inventory to rebound by 2024’
The housing market is expected to return to pre-pandemic, 2019 norms — at least in terms of inventory and the share of purchases made