Consumer housing sentiment hits 30-month high in September

More than 8 in 10 Americans still said it was a bad time to buy a home, and mortgage rates have been climbing again since Fannie Mae conducted the monthly National Housing Survey. 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

Most Americans weren’t expecting the big drop in mortgage rates

Fannie Mae survey shows would-be homebuyers grew even more frustrated with elevated home prices and mortgage rates in July, but 7 in 10 didn’t think mortgage rates would come down. 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

Consumer housing sentiment drops for first time since November

Fading hopes that mortgage rates will come down in the next 12 months are primary drag on Fannie Mae’s Home Purchase Sentiment Index, but job and income concerns were also up in March. 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

Record 85% of Americans said October was a bad time to buy

Monthly Fannie Mae survey shows homebuyer pessimism at a high for records dating back to 2010, but a broader index aimed at capturing overall housing market sentiment improved in October. Continue reading