Tag Archives: university of michigan

Tariff fears sour consumer sentiment, push mortgage rates up

By | | Uncategorized
Comments Off on Tariff fears sour consumer sentiment, push mortgage rates up

The University of Michigan Index of Consumer Sentiment fell 11 percent from March to April and is now lower than it was during the Great Recesssion. Continue reading →

Homebuyers respond as mortgage rates hover near 2025 lows

By | | Uncategorized
Comments Off on Homebuyers respond as mortgage rates hover near 2025 lows

Purchase loan requests are up 7 percent from a year ago, as loosening housing inventory and a pullback in mortgage rates presents FHA buyers with more opportunities. Continue reading →

Inflation, job worries drive ‘horrific’ consumer confidence report

By | | Uncategorized
Comments Off on Inflation, job worries drive ‘horrific’ consumer confidence report

Republicans are less worried about the future than Democrats and Independents, but “consumers from all three political affiliations are in agreement that the outlook has weakened since February.” Continue reading →

Consumer unease over inflation rekindled in August following rally

By | | Uncategorized
Comments Off on Consumer unease over inflation rekindled in August following rally

Consumer sentiment dipped to 69.5 in August following months of recovery, a downward shift that underscores the complex web of rapidly changing expectations, according to data released Friday. Continue reading →

Consumers finally get it: Mortgage rates are probably going down

By | | Uncategorized
Comments Off on Consumers finally get it: Mortgage rates are probably going down

A more optimistic outlook of where mortgage rates are headed drives the largest increase in Fannie Mae’s Home Purchase Sentiment Index in more than two years. Continue reading →