Americans optimistic home prices and mortgage rates have peaked

While only 23 percent of Americans surveyed by mortgage giant Fannie Mae in November thought it was a good time to buy a home, that’s up from 14 percent a year ago, when mortgage rates were near post-pandemic peaks. Continue reading

More Americans think mortgage rates and home prices will drop

Fannie Mae’s National Housing Survey shows there’s greater optimism about the future, but fewer than 1 in 5 consumers thought August was a good time to buy a home. Continue reading

Big life moments aren’t only factor driving homebuyers in 2024: Poll

Active homebuyers are motivated by numerous factors — including a desire to find a larger or nicer home in this high-rate environment — according to the latest Inman-Dig Insights consumer survey. Continue reading

Forced to move? Not quite. The real reasons buyers are shopping now

A surprising share of homebuyers are seeking to “move up” in home. And the next wave of clients may have different priorities in mind, according to the Inman-Dig Insights consumer survey. Continue reading

Homebuyer sentiment rebounds in June from May’s record low

Fannie Mae’s monthly National Housing Survey shows many Americans may be underestimating the odds that mortgage rates will continue to pull back from 2024 peaks. Continue reading

Consumer disconnect: Good time to sell means it’s a bad time to buy

Fannie Mae survey finds 67 percent of Americans agree that it’s a good time to sell, the highest level in nearly 2 years. But only 20 percent say it’s a good time to buy. Continue reading

Disappointing economic news hampers early spring market

Rising mortgage rates thwarted the first weeks of the spring market, according to a Redfin housing report published on Thursday. Homesellers pulled back during the four weeks ending March 31, leading new listing growth to experience the smallest annual… Continue reading

Housing sentiment improves on hopes for lower mortgage rates

Consumer sentiment toward housing increased to the highest level in nearly two years in January, with a record number of Americans expecting mortgage rates to come down in the year ahead. Continue reading

Rates will continue to fall in 2024, consumers say in record numbers

A record number of consumers surveyed by Fannie Mae expect mortgage rates to keep falling, a “significant shift” in expectations that could free homeowners from the so-called “lock-in effect.” Continue reading

Homebuyer sentiment tallies record low amid falling rates

Fannie Mae economist warns that, while mortgage rates have retreated, the primary drivers of housing pessimism are persistent affordability challenges and worries about household finances. Continue reading