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
Tag: mortgage rates
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
‘Five tips to win in seller’s market’
Today’s supercharged housing market has flipped the traditional home-buying journey on its head. Nationally, with 22.5% fewer for-sale listings than last year and homes
Consumers rap mortgage rate spike
The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased by 2.1 points to 73.2 in March, as consumers continue to express pessimism regarding the trajectory of
Mortgage lenders pessimistic
A majority of mortgage lenders continue to expect near-term profitability to decrease amid rising mortgage rates and declining refinance activity, according to Fannie Mae’s
Mortgage rates to climb in 2022
Global supply constraints continue to cap economic output amid growing inflationary and consumer-spending concerns, according to the October 2021 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research
Home Seller Activity Warms Up
August housing data shows early signs of sellers beginning to compete for buyers, according to the Realtor.com® Monthly Housing Report released today. As inventory and new
Mortgage rates likely to rise — NAR
“Mortgage rates are more likely to rise in the following months. Nevertheless, don’t expect any sharp spikes in August,” Nadia Evangelou, senior economist and
Home buyers battle bidding wars
In the United States, prospective home buyers are facing fierce competition for limited inventory, as low mortgage rates and pent-up demand drives a seller’s
Home buyers growing pessimistic
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) remained relatively flat in May, increasing by 1.0 points to 80.0. Four of the HPSI’s six components increased